TPV to Invest Up to US$1.6 Bln in Taiwan
September 23, 2010
LCD
(Liquid Crystal Display) TV manufacturer TPV plans to invest NT$30 billion
(US$946.4 million; US$1=NT$31.7) to NT$50 billion (US$1.6 billion) in establishing
global operational headquarters, R&D center and manufacturing factories in Taipei
County, Taiwan, according to a September 20, 2010 report by the Economic Daily
News of Taiwan. TPV plans to invite AUO to establish factories inside the premises
of the new operating headquarters. It is reported that LCD monitor and LCD TV
shipment volume of TPV in the first half of 2010 reached 26.4 million units and
6.3 million units respectively, according to the same source.