Friday, May 06, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
U.S. ITC To Probe Smartphone Vendors
Facebook Loses Suit Over Storing Biometric Data
Apple and SAP to Develop Business Apps For iPhone And iPad
Upgrading To Windows 10 Will Cost $119 After July
Amazon To Take Stake In Cargo Airline
HTC Sets Up New Company
Samsung 4K Blu-ray Player Gets UHD Alliance Certification
Google, Fiat Chrysler To Work Together On Self-driving Vehicles
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, December 16, 2010
Toshiba and Egypt's El Araby to Establish Manufacturing JV for LCD TVs


Toshiba announced today that it is reinforcing its TV business in the Middle East and Africa by establishing a joint venture to manufacture LCD TVs with El Araby Group, an Egyptian manufacturer and reseller of audio visual and home appliances.

The new JV, provisionally called Toshiba El Araby Visual Products, will be located in Cairo, Egypt, and plans to start production of LCD TVs in March 2011. Its activities will range from LCD panel module assembly to the production of finished products, the companies said.

Toshiba is proactively advancing an initiative to expand its LCD TV business worldwide. In the Middle East and Africa, the company anticipates strong growth in demand for LCD TVs and is promoting a number of measures in response, aiming for a 15% market share in the region in FY2011.

The new manufacturing JV supports Toshiba's strategy of establishing localized manufacture and supply of finished LCD TVs in the Middle East and Africa, and strengthens its ability to supply products that meet local market requirements and that offer improved cost competitiveness. The plant is also expected to become one of the largest LCD TV manufacturing facilities in the region, and the first to handle LCD panel module assembly through the production of finished products.

The new plant will have an initial production capacity of 600,000 units a year and an initial workforce of about 300. As sales grow, the plant's capacity will be increased, up to 2,000,000 units a year in FY2013.


Previous
Next
RIM and Amazon Launch Amazon MP3 for BlackBerry Smartphones        All News        Google Delays Google Fiber Superfast Broadband Service
Universal Flash Storage Standard Coming Early Next Year     Consumer Electronics News      LG Display Expands In 3D Technology With New Technology

Get RSS feed Easy Print E-Mail this Message

Related News
Fujitsu, Vaio, Toshiba, Abandon PC Merger Plans
New Toshiba Q300 And Q300 Pro Family Of SSDs Launch With 15nm TLC Flash Memory
Toshiba Recalls Laptop Computer Battery Packs Due to Burn and Fire Hazards
Toshiba Invests In New Memory Fabrication Facility, Sells 5.9 billion Assets And its Home Appliance Business
Canon to Buy Toshiba Medical For About $6bn
Toshiba HK4 Series SSDs Now Available
Toshiba Cancels Launch of Wearvue TG-1 Wearable Device
Toshiba's New SG5 TLC SSDs Are Optimized For notebooks And Desktops
Toshiba Dismisses PC Production Withdrawal Reports
Toshiba To Wind Down Its Hard Disk Business
Toshiba Develops STT-MRAM Magnetic Cache Memory, Wireless Receiver For Bluetooth Low Energy
Toshiba To Focus On Memory Chips, Phase Out Hard Disk Manufacturing

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .