Leading Chinese TV maker starts production in Czech Republic

29-03-2007

One of China's leading TV manufacturers, Sichuan Changhong Electric Co., has opened a production facility in the central Bohemian town of Nymburk. The project, which was inaugurated on Wednesday, is the first overseas production base wholly owned by a Chinese home electrical appliance enterprise. The 15-million-dollar project has a designed annual production capacity of one million sets, mostly flat-panel and high-definition TVs. The company aims to gradually expand the production to also include air conditioners, refrigerators, cellphones and set-top boxes, in order to sell all Changhong products in Europe.