Items tagged with tpv
There's plenty of moving and shaking in the television / display business these days, with everyone from Samsung to Hon Hai to Sharp to Sony making significant changes in recent months. Now, Philips is joining that crowd. Display profits have been largely sinking over the past few years, making it harder and harder for companies to turn a nice profit on HDTVs. Margins are razor thin, and competition is incredibly fierce. In order to adjust to the changing realities of business, Philips is transitioning their television business into a joint venture with TPV Technology. The new entity will be named TP Vision, and it'll be 70% owned by TPV and 30% by Philips. TP Vision will develop, manufacture...
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