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
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