Sao Paulo, Brazil, 17 April – AOC-Brasil, a subsidiary of Taiwan TPV, one of the world’s largest manufacturers of computer monitors, plans to increase its production of liquid crystal display (LCD) televisions in Brazil in the second half of the year, a company director told Macauhub Monday.
Christian Haak, AOC-Brasil’s marketing director, said that Brazil was a quite promising market, particularly with the introduction of digital television at the end of the year.
As well as increasing production, AOC-Brasil plans to diversify it by manufacturing larger TVs, of up to 37 inches, as it currently makes only 20 and 27 inch TVs.
The TPV group company also produces CRT cables and LCD monitors for computers, of between 15 and 22 inches in Brazil.
The company carries out its operations in the Manaus duty free zone, an industrial district in the capital fo Amazonas state which provides tax benefits.
Production, according to Haak, is almost entirely Brazilian, with just a few imported components.
AOC has been in Brazil since 1997, but in its first seven years opted to order production from third parties, and in 2004 decided to set up its own factory in Manaus.
The company said it had opted for the northern Brazilian state due to several incentives and advantages that it offered, and has invested over US$30 million over the last 10 years. (macauhub)