Dutch-based electronics giant Philips announced last week that it will start shipping its new mini stereo system that supports also MP3 format and Internet radio channels.
A product, called FW-i1000, is connected to Net via DSL or cable modem and it uses a tuning service that's licensed from iM Networks. Unit is expected to cost $500 in the U.S. and it will be available in Europe in 2002.
