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© nikm dreamstime.com Electronics Production | October 28, 2013

Compal takes on Toshiba's European LCD venture

Toshiba Corporation has concluded a definitive agreement to transfer ownership of Toshiba Television Central Europe Sp. z o.o. (TTCE) to Compal Electronics, Inc. of Taiwan (Compal).
Outline of TTCE

Company name: Toshiba Television Central Europe Sp. z o.o.
Established: September 2006
Location: Kobierzyce, Poland
Representative: Yasuhide Ozo
Number of Employees: Approx. 700
Business: Production of medium- and large-screen LCD TVs
Toshiba Television Central Europe Sp. z o.o. (TTCE) is an LCD TV manufacturing company in Poland that supplies products to the European market. The target for finalization of the transfer is the fourth quarter of FY2013, following completion of necessary anti-trust clearance procedures.

After the transfer of ownership to Compal, Toshiba will continue to supply the European market with LCD TVs manufactured at the plant, through an original design manufacturer (ODM) partnership with Compal.

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