Royal Philips NV said Friday it has ended a $200-million sale and licensing deal it struck this year with Japan's Funai Electric Co. and will seek damages for breach of contract. Under the January ...

The Tokyo District Court decided on Oct. 24 to start bankruptcy procedures for Funai Electric Co., once a major player in the global audiovisual equipment market, according to the court and other ...

There’s a lot of head scratching going on over Funai Electric Co., whose bankruptcy proceedings started after it was sold to an investment fund for 1 yen.

Funai, the last remaining manufacturer of the VCR, will cease production of the players by the end of the month, according to Japanese newspaper The Nikkei (via Anime News Network).

Funai Electric Chairperson Yoshiaki Harada filed with the Tokyo District Court on Monday for court-led rehabilitation of the company, despite the court's recent decision to initiate bankruptcy ...