It will leverage Philips' strong brand, strength in innovation, and leadership position in these businesses, with Funai's strong presence in North and Central America - and Japan, and its supply and manufacturing expertise.

ENGADGET: Philips sells off its Hi-Fi and DVD business to Funai for $201 million

Ironically, Philips will both lose and gain from the change: It is not only the largest maker of LEDs, but also of fluorescent tubes.

NPR: Goodbye Fluorescent Bulb? Philips Says Yes.

These products represent the first of a range of Philips Docking Speakers that Philips will make available that take full advantage of Apple's Lightning connector.

ENGADGET: Philips outs new speaker docks with Lightning connector, prices start from $90