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Polaroid to Revive with Home Electronics Including LED Backlit TVs
Source/Type:
LIGHTimes Online - News - Staff reports
Author: LIGHTimes News Staff
June 9, 2010... Polaroid, the once mighty producer of camera and photography products may get a new lease on life with the help of AMW Latin America (AMW LA). Polaroid announced the signing of a five-year exclusive licensing agreement with AMW LA, a manufacturer and distributor of consumer electronics in 25 countries in Latin America. Under the terms of the agreement, AMW LA will develop a wide range of Polaroid branded home electronics including standalone and portable LED backlit TVs, home theater systems and DVD and Blu-ray players as well as home theater accessories. Polaroid expects the new products from AMW LA to contribute an estimated $300 million in sales in the next four years.
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