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When Videocon entered the race for the colour picture tubes manufacturing capacity of Thomson SA in November 2004, there were 16 other bidders.
"Although memory devices and liquid crystal displays, and personal computers for the US market, recorded healthy sales, domestic sales of distribution systems and colour picture tubes, and medical systems in overseas markets, were low," the company said in a statement.
Videocon through its Wholly Owned Offshore Subsidiary acquired the Colour Picture Tube (CPT) businesses from Thomson S.A having manufacturing facilities in Poland, Italy, Mexico and China along with support research and development facilities.
The color picture tube measured 15 inches diagonally.
Five Japanese television manufacturers denied today that they were exporting color picture tubes to the United States at unfairly low prices.
Mr. Ryan added that Zenith's consumer business could fetch $275 million alone, or $525 million if the company's color picture tube business was included.
THE idea of a perfectly flat-surfaced color picture tube was tested, and reluctantly rejected as being far too complex, in the 1950's when color television was young.
Under a licensing agreement, Goldstar will make a large payment to Zenith when Goldstar begins selling flat color picture tubes for televisions.
When Videocon entered the race for the colour picture tubes manufacturing capacity of Thomson SA in November 2004, there were 16 other bidders.
The unit of the Sony Corporation of Japan announced in April 1990 that it would spend $300 million on a factory here to make large-screen color picture tubes.
In June 2005, the Videocon Group of India announced, that it would acquire the color picture tube manufacturing business from Thomson SA for €240 million.
Among the projects are management assistance for a color picture tube company and a steelworks plant in Warsaw, a copper company in Lubin and a crude-oil processing plant in Gdansk.
"Although memory devices and liquid crystal displays, and personal computers for the US market, recorded healthy sales, domestic sales of distribution systems and colour picture tubes, and medical systems in overseas markets, were low," the company said in a statement.
American color television tube makers and their unions asked the Commerce Department today to impose "anti-dumping" duties on color picture tubes assembled into sets in Mexico and sold in the United States at what they contend is less than fair value.
With $6 billion in annual sales, the new venture will hold 25 percent of the market for color picture tubes used in television screens and computer monitors, overtaking the market leader, the Samsung SDI Company, a subsidiary of Samsung Group.
Recently, for example, more than 2,000 people lined up in front of the Jingan Gymnasium to buy shares amounting to 29 percent and $15.4 million worth of the Shanghai Electronic Vacuum Device Company Ltd., a rather profitable producer of color picture tubes.
Videocon through its Wholly Owned Offshore Subsidiary acquired the Colour Picture Tube (CPT) businesses from Thomson S.A having manufacturing facilities in Poland, Italy, Mexico and China along with support research and development facilities.
