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This new tube and optical system offered several advantages over the previous system. The set cabinet was able to be smaller. Previously the screen was on top of a substantial piece of furniture but this new system allowed the screen to occupy a similar position as a direct view television's screen in a regular console sized cabinet.
LG.Philips Displays was a joint venture created in 2001 by LG Electronics of South Korea and Philips Electronics of the Netherlands in response to the maturing cathode-ray tube (CRT) market. [9] [10] It primarily manufactured CRTs used in traditional television sets. It was the world's largest manufacturer of CRTs. [11] [12]
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In 2006, LCD prices started to fall rapidly and their screen sizes increased, although plasma televisions maintained a slight edge in picture quality and a price advantage for sets at the critical 42" size and larger. By late 2006, several vendors were offering 42" LCDs, albeit at a premium price, encroaching upon plasma's only stronghold.
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The company was founded in 1990 in Taiwan as Top Victory Electronics, as the mainland China manufacturing plant of AOC International (founded in 1967). [11]In September 2005, TPV Technology acquired part of Philips' monitor and entry-level flat screen TV manufacturing business, making it the largest display manufacturer in the world.
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