Lexar Global, Fremont, Calif., has introduced Philips, the Amsterdam-based electronics company, to its vast technology product line.
With the possible closure of Coby Electronics, Lake Success, N.Y., Lexar decided to source Philips’ entire product line.
“This step provides affordable products with a well-known brand to the industry, and will bridge the gap created by Coby’s closure,” said Guy Jacobs, president and CEO of Lexar Global.
“We will continue to provide our customers the best service available with hopes to have [a] similar or better news flash next year.”
For more information, visit http://www.lexar.com. For more information on Coby’s future in the promotional industry, see our article “Coby Electronics Acquired by Gordon Brothers Group.”