19 April 2019

TPV Technology sees TV shipments flat this year, paper says

Display solutions provider TPV Technology Ltd. (TPV, 00903.HK) said its LCD TV shipment target for this year has been set at 53-54 million units, while the target for display monitors shipment is at 15 million, with both the figures representing almost zero growth compared to last year, China Times reported Wednesday. TPV announced on Tuesday plans to return to the Taiwan market, aiming to sell its monitors under the Philips and AOC brands, and TVs under the Philips brand. TPV is setting sights on breaking into the top ten players in Taiwan, hoping to win a 5 percent market share by end of next year, the report said.

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