GE fuels HDTV competition

By frog China - September 24, 2008

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.

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