Henrique Martin

Itautec Philco SA, a Brazilian electronics manufacturer, launched Thursday its first television device that can be used to access the Internet. The company invested 10 million Brazilian reais (about US$3.4 million dollars) in research and development of the product in the last two years and had support from Microsoft Corp. to develop the device, named NeTVision.

Palm do Brasil, the subsidiary of Palm Inc. in Brazil, confirmed Tuesday the beginning of the local manufacturing of Palm handheld computers.