Tatung Bringing New LCD TVs Stateside in Joint Venture With GE

Taiwanese electronics manufacturer Tatung Co. has announced plans to expand its product offering in the United States through a new venture with GE Equity, Dow Jones reports.

According to a statement from the company, Tatung has purchased a 51 percent state in General Displays and Technologies LLC, a new joint venture with General Electric. GE's private equity unit GE Equity holds the remaining 49 percent.

Citing a PR official at Tatung, Dow Jones says the partnership will fuel production of new Tatung designed and manufactured LCD TVs and other consumer electronics under the GE brand name, and be based in California.

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