Taipei, Nov. 16, 2009 (CENS)--Faced with the vigorous onset of its archrival Innolux Display, of Hon Hai Group, following its acquisition of Chi Mei Optoelectronics, Taiwan`s second largest TFT LCD (thin-film-transistor liquid-crystal-) display, TPV Technology, the world`s leading contract maker for LCD monitor and TV, may transfer its orders from Chi Mei to other suppliers, including LGD, AU Optronics, and Samsung, according to the Chinese-language Economic Daily News (EDN), sister publication of Taiwan Economic News (TEN).

TPV is likely to make the changeover, since the acquisition of Chi Mei has greatly strengthened Hong Hai`s hands in achieving its avowed goal of overtaking TPV to become the world`s leading supplier of both LCD monitor and TV assembly.

Meanwhile, Chi Mei will inevitably break its alliance relationship with TPV by selling off its 7% stake in the later. Presently, Chi Mei is the third largest shareholder of TPV, trailing China`s Great Wall Group at 27.02% and Philips.

TPV is shipping 2.79 million LCD TVs a month, the largest among Taiwanese contract TV makers, and counts the world`s leading TV brands, such as Philips and Sony, among its clients. Meanwhile, it is shipping over 3 million LCD monitors a month, slightly higher than Innolux.

(by Philip Liu)