World’s leading display partnership between Philips and TPV starts up now

September 5, 2005

Philips Electronics and PV Technology Limited today announced that the transfer of certain activities within Philips' monitor and flat screen television business has become effective as of September 5, 2005. From this day TPV takes over the manufacturing of Philips' monitors and entry-level flat screen TV products, as well as the existing OEM monitor business.

On December 16, 2004, the parties initiated the transfer by a Letter of Intent. On June 16, 2005, the definitive agreement was signed.

With this announcement, Philips' OEM monitor business has been transferred to TPV, and from now on Philips will source from TPV branded monitors and entry level flat TVs. Philips will continue to focus on the marketing and sales of both PC monitors and flat TVs globally under the Philips brand and affiliated brands as well as on the development and manufacturing of Philips FlatTVs™ for the mid and high-end segments.

Explore further: Philips and TPV Technology to create world's leading display partnership

Related Stories

Recommended for you

Creating antimatter via lasers?

September 27, 2016

Dramatic advances in laser technologies are enabling novel studies to explore laser-matter interactions at ultrahigh intensity. By focusing high-power laser pulses, electric fields (of orders of magnitude greater than found ...

Quantum computing advances with control of entanglement

September 27, 2016

When the quantum computer was imagined 30 years ago, it was revered for its potential to quickly and accurately complete practical tasks often considered impossible for mere humans and for conventional computers. But, there ...

Thirsty megacities poisoning rural groundwater: study

September 27, 2016

A massive drawdown of water beneath delta-based megacities across the world may be pulling surface pollution deeper into the ground, risking contamination and health problems for local populations, a new study said Tuesday.

Cosmic dust demystified

September 27, 2016

The solar system is a dusty environment, with trillions of cosmic dust particles left behind by comets and asteroids that orbit the sun. All this dust forms a relatively dense cloud through which the Earth travels, sweeping ...

Outrageous heads led to outrageously large dinosaurs

September 27, 2016

Tyrannosaurus rex and other large meat-eating theropods were the biggest baddies on the prehistoric block, and ornaments on their heads could help us figure out why. New research from North Carolina State University shows ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.