It is understood that Top Victory will acquire a 0.8% stake in the joint venture company, Panda LCD holds 99.2% and has the right to operate. TPV pointed out that large-size and large-size LCD monitors will supply mainland large-screen TVs. Local procurement can save import tariffs and enhance the competitiveness of the global market.
TPV is the world's largest manufacturer of computer monitors with a market share of more than 30%. In recent years, it has entered the field of flat-panel TVs and is marketed worldwide under its own brands such as AOC (Edmond), Envision and Topview.
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