Blog  DONG XI

GE fuels HDTV competition

It's interesting to hear that GE re-enters the TV set market by partnering with a Taiwan-based company Tatung. According to Wall Street Journal, GE and Tatung Co. of Taiwan said they had formed a joint venture, General Displays & Technologies LLC, that plans to make two million HDTV sets annually, or 1% of the 200 million units sold world-wide, when it begins production in 2009. The companies hope eventually to capture 5% to 10% of the roughly $200 billion global TV-set market.

Blog  DONG XI

Coca Cola: In Search of non-Soda Success in China

Just hours ago, it's reported that Coca-Cola offered HK$ 17.9 billion (about $ 2.3 billion) in cash to buy Huiyuan Juice Group (HKEx1886), China's biggest pure juice maker. In the statement to the Hong Kong Stock Exchange, Huiyuan Juice said, "The Coca-Cola Company is expecting to use its expertise as a global beverage company to further develop the Huiyuan Juice brand.