Foxconn Planning to Ship 12 Million (or More) LCD TVs

Paul Lilly

Let's put this one in perspective. In 2009, OEM manufacturer Foxconn (otherwise known as Hon Hai Precision Industry) shipped between 1-2 million LCD TVs. But that's a drop in the bucket compared to the company's goal in 2010, which is to ship a minimum of 12 million units on an OEM/ODM basis.

Should Foxconn ultimately meet its goal, it would become the second largest TV contract manufacturer in Taiwan, trailing only TPV Technology.

One of Foxconn's biggest (and newest) customers includes Samsung, who has been buying panels from Chi Mei Optoelectronics (CMO). CMO will soon merge with Innolux Display, a subsidiary of Foxconn, making this new relationship possible.

Other TV clients in 2010 will include Sony, who is expected to purchase 5 million units, LG (2 million), and Vizio (1-2 million).

Image Credit: Flickr Robert Scoble

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