[High-tech LED News] TPV, which is suspended, is implementing the acquisition of the television business of Philips in the Netherlands. Philips has signed an agreement to transfer its TV business to a joint venture with TPV, and Philips and TPV have held 30% and 70% of the joint venture, respectively. The joint venture will pay a minimum of 50 million euros in patent fees per year from the second year. Single Core PVC Flexible Cable Single Core PVC Flexible Cable,Flexible PVC Single Core Cable,Single Core PVC Insulated Flexible Cable Shenzhen Hongyan Wire Industry Co., Ltd. , https://www.hy-cable.com
It is understood that the EU regulatory agency approved in November last year that TPV Technology acquired the sale and distribution of Philips brand color TVs in China, and it was implemented after almost one year of transactions. 