Rising demand for smart TVs sees TPV raise targets

TPV Technology, the world's largest contract producer of computer monitors, is aiming to produce 18 million liquid crystal display (LCD) televisions this year as demand for smart TV and high-definition large-sized TVs improves.

The company reported a year-on-year drop of 7 per cent in net profit last year to US$111.9 million due to weak demand for monitors, while revenue rose by 8.5 per cent to US$12 billion during the period mainly because of the consolidation of TP Vision into the company last April.

via Business feed http://www.scmp.com/business/companies/article/1197558/rising-demand-smart-tvs-sees-tpv-raise-targets