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Compal to Sell LCD TV Assembly Facility in Poland to Vestel Ticaret
September 5, 2016 | Compal Electronics Inc.Estimated reading time: Less than a minute
Compal Electronics Inc. has concluded an agreement to transfer ownership of Compal Electronics Europe sp. z o. o., an LCD TV manufacturing factory located in Wroclaw, Poland, to Turkey's Vestel Ticaret A.Ş. Details of the transaction are subject to the limitations of applicable laws, and the non-disclosure agreement between the parties. The target for finalization of the transfer is the fourth quarter of 2016, after obtaining necessary approvals from relevant authorities and conditions are met.
Given the changing environment in the European market, Compal expect to reach better cost performance and operational flexibility through this transaction. In the future, Compal will continue to cooperate with major channels, new branding, and work with local manufacturers to supply the European market.
Looking forward, Compal will continue to expand its TV and display market with more new IOT linking and Smart TV design.
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08/31/2020 | Business WireKeysight Technologies, Inc., a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, announced that Compal has selected Keysight’s 5G test platform to validate radio frequency (RF) and data throughput performance of consumer focused 5G products, including laptops, smartphones, wearables and tablets.
Shipments of Notebook PC ODM Industry Increased Significantly in 2Q19
09/11/2019 | IDCThe global production volume of notebook PCs by the ODM/EMS industry increased 11.4% year over year to 39.7 million units in the second quarter of 2019 (2Q19), according to the latest results from the International Data Corporation (IDC) Worldwide Notebook ODM QView.
Compal November Sales Slightly Up YoY
12/31/2018 | Stephen Las Marias, I-Connect007Compal Electronics has reported November 2018 consolidated revenues of NT$95.45 billion ($3.12 billion), down by 3.7% from the previous month, and representing an increase of 1.7% year-on-year.
Compal to Return to Desktop ODM Market
02/06/2018 | DigitimesTaiwan-based Compal Electronics, now the world’s second biggest notebook ODM, will stage a comeback to the desktop PC market in 2018 as a contract manufacturer.
Compal Posts 6% Growth in 1Q Revenue
04/19/2017 | Compal Electronics Inc.Compal Electronics Inc. has reported March 2017 unaudited consolidated revenue of NT$79.1 billion, representing a month-on-month growth of 38.7% and year-on-year growth of 13.7%.