China's TPV Technology Ltd said it is in the final phase of talks to buy a television plant in Poland as it attempts to set up its first production base in Europe and boost sales on the continent.　
　
The world's biggest computer-monitor maker hopes to produce two million TV sets a year at the Polish facility. "Negotiations to acquire a TV plant have reached the final stage," said Vijo Lee, an investor relations official at TPV Hong Kong. "It's a preferable way to expand capacity on the continent rather than building our own facilities."

TCL Multinational is restructuring its European business after continuing losses. It reported a HK$1.52 billion (US$196 million) loss in the first nine months of last year.

Fujian Province-based TPV is campaigning to boost sales in the European market, which accounts for more than 25 percent of the company's overall revenue. The market is now supplied by its main production base in Shenzhen and Suzhou. By having its own plant in Europe, the flat-screen TV maker will avoid import duties now applied to products shipped from China's mainland.

TPV's total turnover jumped 66 percent to US$5.2 billion in the first three quarters of last year after it acquired computer-monitor and flat-screen TV units from Royal Philips Electronics NV in 2005.

Source:未知