TPV Technology facts for kids
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| Private | |
| Traded as |
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| Industry | Electronics |
| Founded | 1967 in Taiwan |
| Headquarters | 108 Wai Ye Street, Kwun Tong,
Hong Kong
,
China
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Area served
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Worldwide |
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Key people
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Jason Hsuan (Chairman and CEO) |
| Products |
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| Revenue |  US$9.6 billion (2017) |
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Operating income
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US$1.8 million (2017) |
| US$-58 million (2017) |
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Number of employees
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29,014 |
| Parent | Nanjing CEC Panda Information Industry Group Co., Ltd. (24.51%) Nanjing New Industry Investment Group Co., Ltd. (9.54%) Nanjing Machinery & Electronics Industrial (Group) Co., Ltd. (9.36%) |
| Subsidiaries |
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TPV Technology Limited, often called TPV, is a big electronics company. It is based in Hong Kong, China. TPV is known for making computer monitors and TVs.
This company is one of the largest makers of computer monitors in the world. They make different kinds of screens, like older CRT monitors and newer LCD TVs. TPV sells its products all over the globe.
TPV owns popular brands such as AOC and Envision. They also use the Philips brand name for some of their products. TPV also makes products for other companies. The company became fully private in late 2019.
Contents
How TPV Technology Started
TPV Technology began in 1990 in Taiwan. It was first called Top Victory Electronics. At that time, it was the main factory in mainland China for AOC International, which started in 1967.
Growing Through Partnerships
In September 2005, TPV Technology bought part of Philips' business. This included making monitors and basic flat-screen TVs. This purchase helped TPV become the biggest display maker in the world.
Later, in March 2008, TPV bought another part of a business from Chi Mei Optoelectronics Corporation. This helped them grow even more.
Creating New Brands
In June 2009, TPV created a new company called MMD (Multimedia Displays). MMD's job was to sell Philips-branded LCD monitors and displays worldwide. This agreement included Philips' monitors for homes and businesses, public signs, and TVs for hotels.
In April 2011, TPV Technology and Philips decided to create a joint company in the Netherlands. This new company, called TP Vision, would handle all of Philips' TV operations. TPV Technology owned 70% of TP Vision, and Philips owned 30%.
The creation of TP Vision was finished in April 2012. By January 2014, TPV Technology agreed to buy the remaining 30% shares from Philips. This deal was completed in May 2014. This made TP Vision a company fully owned by TPV Technology.
What TPV Technology Makes
TPV Technology makes many types of screens. They produce CRT monitors, LCD monitors, and LCD TVs. In 2010, TPV could make about 6.1 million monitors every month.
Where TPV Operates
TPV has factories in several countries. They have five factories in China, two in Brazil, one in Poland, and one in Russia. TPV sells its products to people and businesses all around the world.
