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

EU Clears TPV Acquisition of Philips
Aug 8, 2005
 Printable format
 Email this Article
 Search

The European Commission said it has cleared the acquisition by TPV Technology Limited of parts of Philips Electronics Royal NV's computer monitors and flat screen television business.

The companies agreed in December to combine their PC monitor and flat TV businesses. TPV will take over Philips original equipment manufacturer monitor business as well as production of some low-end flat screen products. Philips will in return get a 30 percent stake in TPV.

Although the combined group will become the world's largest maker of PC monitors, the commission said it will continue to face strong competition from Samsung, LGE, or BenQ.

"It cannot be expected that the merged entity could act independently of customers and competitors while switching suppliers appears to be feasible within the short term," said the commission. (AFX)

Back to Daily News

 

Daily News

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

Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

Dec 19, 2014: Strong North American PCB Order Growth in October

More Daily News>>

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

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

November 2014: Appliance Magazine Market Insight Annual Subscriptions
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




 
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