China Great Wall Computer Group and BOE Technology have signed an agreement on May 14 for Great Wall to pay HK$1.14 billion (US$146.0 million; US$1= HK$ 7.8) for a 10.27% stake owned by BOE in TPV Technology, a Taiwan-based LCD monitor maker. After acquiring the stake, Great Wall will become TPV's second-largest shareholder, after Philips Electronics Hong Kong, while BOE's stake in TPV will be reduced to 1.25%. The deal is still pending shareholder and regulatory approval.