LG and Xoceco flat-panel TV manufacturers to attack Allied war began

Recently, the industry came news that two flat-panel TV manufacturers in Korea LG electronics has Xoceco signed a cooperation agreement to jointly develop the global flat-panel TV market, this is the first time the field of flat-panel TV manufacturers alliance. If this alliance is effective, it may lead to a chain reaction, the manufacturers will find their allies.

It is reported that a chain relationship between the two, Xoceco already occupy the leading position in the domestic flat-panel TV market, and the export to the international market has achieved a 4% share of the global market, LG company is a manufacturer of flat-panel TV screen by South Korean professional, is one of the main suppliers in today's International panel.

According to insiders, the two sides will jointly launch a higher definition, higher contrast, higher brightness plasma TV, will soon launch a larger, higher resolution LCD tv,

Xiamen Overseas Chinese General Manager Xie Siyu in an internal meeting said earlier this year the global flat-panel TV Xoceco occupy 4% market share objectives have been achieved ahead of schedule. Xie Siyu further said that the rapid market expansion overseas Chinese in the next 3 years, to meet the needs of the market, the plan will enhance the flat-panel TV production capacity to 8 million -1000 million units.

Xoceco is currently one of the largest manufacturers of domestic flat-panel TV market, LG is one of the most important flat-panel TV LCD panel production plant, allied to both increase advantages have certain effect, but also for other manufacturers is a stimulus.