Suning Appliance, the largest IT and consumer electronics retail chain in China, plans to strengthen its penetration in China's LCD TV market by offering a series of models authorized to carry the brand of a Japan vendor from the third quarter of 2010, according to industry sources.
For the authorization deal, Suning has reportedly placed orders for 32-, 42- and 47-inch LCD TVs with Taiwan-based Foxconn Electronics (Hon Hai Precision Industry) and Amtran Technology with plans to also cover other sizes up to 55-inch, the sources added.
Amtran and Foxconn both declined to comment on the reports.
Amtran has been producing LCD TVs for China-based Skyworth Digital Holding since 2009, and will begin to ship high-end LED TVs to the vendor in the third quarter this year, noted the sources.
Foxconn is expected to ship 8.5-12 million LCD TVs in 2010, with orders coming mostly from Sony, Vizio, Philips, Samsung Electronics and LG Electronics (LGE), estimated the sources.
Article translated by Steve Shen
