Thursday, January 27, 2005

TV companies in the news

Videocon to buy Thomson's CPT manufacturing unit in Italy while Mirc Electronics may get to sell TVs through Wal-mart, if all goes well with the testing.

Both Videocon and Mirc (makers of Onida) are homegrown Indian companies. With the failure of BPL in managing their finances properly, it will be left to these two to handle the onslaught of the Korean Chaebols - LG and Samsung.

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