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Hon Hai working with RadioShack to sell 60-inch TVs in China
Central News Agency
2013-01-25 07:55 PM
Taipei, Jan. 25 (CNA) Hon Hai Precision Industry Co., the world's largest contract electronics maker, has teamed up with U.S.-based retailer RadioShack Corp. to sell 60-inch TVs in China assembled by the Taiwanese firm. On its website, Cybermart, Hon Hai's retail business arm, said the sales drive, which began Thursday, is offering 1,000 60-inch TVs in three preferential packages in the initial phase. The units are being sold under the RadioShack brand name. The packages are available on Tmall.com, one of China's leading online shopping venues, Cybermart said. Under one of the packages, consumers can buy a TV for 8,999 Chinese yuan (US$1,447) and pay just one more yuan to get a Sony Blu-ray DVD player, according to Tmall.com. The TVs use flat panels produced by Sharp Corp.'s 10th-generation panel plant in western Japan, in which the Taiwanese firm owns a 46.5 percent stake. Prior to the announcement of the RadioShack hookup, Hon Hai has partnered with two major Chinese TV brands -- Skyworth and Haier -- since late November to sell 60-inch TVs equipped with Sharp's flat screens under the brand names of the two Chinese firms. The sources said the cooperation is proceeding smoothly, with monthly shipments expected to range between 10,000 and 20,000 units. Hon Hai unveiled the 60-inch TVs in Taiwan Nov. 11 and they became an instant hit. The large-screen TVs have also hit North American markets, attracting strong interest.

(By Jalen Chung and Frances Huang)

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