The board of directors at Kolin has approved an additional investment of US$6 million in China.

Kolin will add an investment of US$5 million to a joint venture Nanjing Huahai Display Technology and plans to invest US$1 million in a Shanghai-based affiliate, the filing said.

Nanjing Huahai Display Technology, a joint venture of Syntax-Brillina, Kolin and two China-based distributors, focuses on LCD TV manufacturing and sales for the China market. The joint venture opened a new facility last October and projected an annual capacity of approximately 300,000 LCD TVs.

Source:佚名