Wednesday, December 28, 2005

Electronics: Chines company to build TV assembly plant in Czech Republic

Changhong Electronics, one of China's biggest TV manufacturers is to invest $30 million to establish an assembly plant in the Czech Republic. Focusing on R&D, manufacturing and marketing consumer electronics, the enterprise will be named Europe Electric S.R.O.

Last year, Changhong Electronics, had a turnover of over $2 billion.