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Global-Tech Ships LCD TVs

Hong Kong — Global-Tech Appliances, a subsidiary of Global Display Limited, based here, announced it is now shipping high-definition liquid-crystal display televisions (LCD TVs) to the United States.

Global-Tech’s CEO John C.K. Sham said his company is delivering initial shipments of its “Home Touch” 17W-inch high-definition LCD TV displays to an unnamed “customer in the United States, who plans to market them under the Yahoo! Brand.”

Global-Tech produces flat-panel televisions and other video display products under OEM and private label arrangements.

Sham added that in coming months Global-Tech will ship a 30W-inch version to the same customer.

“We believe this initial shipment is a positive step toward achieving our goal of diversifying and expanding our business to include the manufacture and marketing of display products,” Sham said in a prepared statement.

“While flat-panel high-definition LCD TVs are our first foray into the display business, we are also focusing our efforts and dedicating resources to expand into other markets that require cost-effective, high-quality display products,” he said. “We are currently working to complete other versions of flat-panel high-definition LCD TVs and larger models incorporating plasma displays, which we expect to introduce in the near future.”

Global-Tech is a holding company, owning subsidiaries that manufacture and market a wide range of consumer electrical products worldwide, including floor care products and small household appliances.

These products are marketed by customers under brand names such as Black & Decker, DeLonghi, Dirt Devil, Eureka, GE, Hamilton Beach, Kenwood, Proctor-Silex, Sanyo, Sunbeam and West Bend.

Global-Tech’s subsidiary, Global Display Limited, is currently developing a wide range of consumer products incorporating high-definition LCD and plasma panels, liquid crystal on silicon (LCoS) micro display projectors, and other “optical and digital display technologies.”

Another company subsidiary called Lite Array Inc. was said to be “developing a range of display modules utilizing proprietary small molecule organic light emitting diode (OLED) technology,” which initially will be marketed to consumer electronics manufacturers for use in cellular phones and MP3 players.