Philips moves audio/video license to TV licensee

Philips has extended its license with TPV, licensee for TV and monitors.. The additional category is audio and video, as reported here.

The license started on June 1, 2018 and runs until December 31, 2023, with renewal options.

Previously, the license has been with Gibson Innovation. The parent, Gibson Brands, filed for Chapter 11. Thus, Philips explored other options.