Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Toshiba to Establish New TV Production Base in Europe
Sep 14, 2006
 Printable format
 Email this Article
 Search

Toshiba Corporation announced that it would strengthen its liquid crystal display (LCD) TV business and expand sales in Europe by establishing Toshiba Television Central Europe Sp. zo. o., a new production and sales company for LCD TV, in Kobierzyce, near Wroclaw, Poland in September 2006. Representatives of Toshiba and the Polish Ministry of Economy met in Warsaw and signed a letter of intent on Toshiba's investment.

Global demand for LCD TVs has doubled every year since the 2001 fiscal year. Demand growth is particularly strong in Europe, already the world's largest LCD TV market, and is expected to expand from almost 8.7 million units in the 2005 fiscal year to approximately 33 million units the 2009 fiscal year.

Toshiba currently manufactures LCD TVs in Europe at Toshiba Information Systems (UK) Ltd. (TIU). The establishment of the additional production base will support Toshiba in meeting demand and reinforcing its presence in the pan-European market. The total investment in the Kobierzyce plant will reach about 6 billion yen (approx. U.S. $51.2 million) over 5 years, and production will start in August 2007. Toshiba targets combined production at Kobierzyce and TIU of some 3 million units by the 2009 fiscal year, with the main focus on large sized LCD TVs with screen sizes of 32-inches and above.

Toshiba plans a rapid ramp-up of capacity at the Kobierzyce plant, and to win an increased share of the European LCD TV market.

Back to Daily News

 

Daily News

...........................................................

Nov 24, 2014: Husqvarna named exclusive chainsaw provider for Asplundh

Nov 24, 2014: LG garners Innovation Award for Home Appliances

Nov 24, 2014: Survey: 10% of consumers plan big-ticket appliance purchases in the coming year

Nov 24, 2014: 2014 Green Building Standard available from ASHRAE

Nov 24, 2014: Smeg enters small appliance market in the United States

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows