Saturday, November 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon's Workforce Is Mainly Male, White
HP Smartwatch Looks Classic, Coming Next Week
North Korea Blocks Foreigners' Access To Facebook, Twitter
Pirate Bay Co-founder Sentenced To 42 Months Imprisonment
SEL Showcases 1058ppi And Foldable OLED Displays
New Outlook for Mac Available Now, Office for Mac Coming In 2015
Updated BBM Offers More Privacy, Control and More
Panasonic Raises Profit Outlook
Active Discussions
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
 Home > News > Consumer Electronics > LG.Phil...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, October 10, 2006
LG.Philips LCD, Toshiba Join Forces for LCD TV Business in Europe


LG.Philips LCD announced today that it has forged a strategic alliance with Toshiba to jointly develop their positions in the growing European LCD TV market.

Under the terms of the agreement, Toshiba will take a 19.9% equity participation in LG.Philips LCD?s subsidiary in Poland currently under construction in Wroclaw, Poland. In addition to this direct investment, the new partnership will allow both companies to work closely together on better aligning new product development and manufacturing goals.

Establishing better global customer alignment is one of the stated goals of LG.Philips LCD. Toshiba will also benefit from this relationship by securing a steady supply of LCD panels from this plant.

Mr. Bon Joon Koo, Vice Chairman and CEO at LG.Philips LCD, said, "Through this strategic partnership, both LG.Philips LCD and Toshiba will build a strong foundation for growth in the European market. We hope it will serve as a model for additional strategic alliances between LG.Philips LCD and global TV manufacturers around the world."

Construction of LG.Philips LCD?s LCD module plant in Wroclaw, Poland, began on June 14, 2006. A module line with annual production capacity of 3 million units is scheduled to be completed by the first quarter of 2007. According to DisplaySearch, Europe accounted for 41% of the global LCD TV market in 2005 and the European LCD TV market is expected to grow at a CAGR of 35.4% from 2005 and expand more than three-fold by 2009.


Previous
Next
Samsung Launches First 10 Megapixel Camera Phone        All News        Symantec Announced the Availability of Norton Confidential and NetBackup 6.0
Canon Introduced the imageRUNNER 5000V     Consumer Electronics News      Viewsonic Expands Presentation Options With Projector Under $1,000

Get RSS feed Easy Print E-Mail this Message

Related News
LG Display Introduces Lineup of Displays at SID 2010
LG Display Develops Full HD 3D Monitor Panel
Philips Further Lowers Its Stake in LG Display
LG.Philips LCD to Become LG Display
LG.Philips LCD Develops Highest Resolution Color, Flexible Display
LG.Philips LCD Unveils its Newest LCDs for Public Displays at CES
LG.Philips LCD Enters Into a Settlement Agreement with CPT
LG.Philips LCD Develops Dirt-Resistant LCD Panel For Notebooks
LG.Philips LCD to Showcase Next-Generation Technologies at FPD 2007
LG.Philips LCD to Launch Ultra-Slim 42-inch Full HD 120Hz Panel
LG.Philips LCD Develops a-Si TFT-LCD Mobile Phone 1mm Panel
LG.Philips LCD Develops Full Color Flexible AMOLED Display

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .