Philips deal makes TPV world's biggest monitor maker

Philips is selling parts of its flat-screen TV and monitor businesses to TPV Technology.

TPV Technology will soon become the world's largest manufacturer of PC monitors, after acquiring some of the flat screen TV and monitor businesses of Koninklijke Philips Electronics NV.

Philips will hand over businesses which last year had revenue of $US2 billion. About $US1.04 billion of that came from sales of Philips-branded monitors and flat-screen TVs, the rest from sales of monitors manufactured for other brands. In return, it will receive 15 per cent of the shares in the newly-enlarged TPV, and convertible bonds worth an equivalent amount.

The two companies signed a letter of intent to make the deal on December 16 and announced the definitive agreement last week.

The deal will make TPV the world's largest manufacturer of PC monitors, producing more than 35 million monitors a year, the companies said.

Join the PC World newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Peter Sayer

IDG News Service
Show Comments

Most Popular Reviews

Deals on PC World

Deals on PC World

Latest News Articles


GGG Evaluation Team

Kathy Cassidy


First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni


For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell


The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi


The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott


My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.


Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?