NECDS makes way for its LCD desktop display sale in India

By Saheer Karimbayil   |   Tuesday, 26 February 2008, 01:23 IST
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Bangalore: "We aim at a 30 million sale of our LCD desktop display in India by the end of this year and will increase it to $50 million by the end of the next year, though we don't have a manufacturing center in India," said Yoshiaki Tsuda, President, NEC Displays Solutions (NECDS), a Japan based display solution provider owned by NEC corporation. He was speaking on the occasion of the company's announcement that they will collaborate with TPV technology, a solution provider in the design and production of PC monitors, to sell their LCD desktop display in India. Through this alliance NECDS will sell value LCD desktop displays such as 15 inches, 17 inches and 19 inches through TPV sales and service network in India. Both NECDS and TPV technology plan to sell 500,000 pieces of display in three years. In India, NECDS has already been selling professional LCD desktop displays, large-screen LCD displays, plasma displays and projectors through NEC India for corporate customers. NECDS designs, with a headcount of 1000, produces and delivers leading-edge visual display technology for a wide variety of markets. NECDS specializes in LCD desktop displays, large-screen LCD and plasma displays, and a diverse line of projectors for customers who demand the most high-quality, reliable display solutions to meet their needs. The business is driven by advanced technologies, industry-leading service and value-add programs that help increase customer productivity. TPV is a leading display solution provider, specializing in design and production of a wide spectrum of CRT displays, LCD displays and flat TVs. The company is listed on both the Hong Kong and Singapore stock exchanges since October 1999. TPV India, which was established in April 2000, has appointed Cyberstar, a leading IT Distributor as the national Sub-distributor for NEC Displays. Commenting on the partnership, Mukesh Gupta, Director, TPV India, said, "NEC Corporation is no stranger to India. People have had the pleasure of using some NEC product or the other in their life and are well aware of the product's performance and reliability. The Indian market for LCD products, especially equipment and gadgets with screens, monitors and displays have increased multifold in the last two years." Though a new contract is put in place, NEC India will continue to distribute products of NECDS like professional desktop LCD displays (above 20 inches), large-screen LCD displays, plasma displays and projectors.