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Turkish TV Triumvirate Vestel, Beko and Profilos LCD TV Development Strategies

Market Intelligence & Consulting Institute (MIC) [a division of Institute for Information Industry (III)], Nov 2007, Pages: 11


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In order to avoid Europes 14% import tariff on television sets, many large television companies have been spurred to set up plants in Europe. However, the EU continues to expand eastward with Turkey already being an EU candidate country. Though it has not officially acceded to the EU, Turkey already enjoys zero import tariffs in Europe. Based on this geographical advantage and zero tariffs, Turkish television companies have committed themselves to the development of own-brand and contract manufacturing businesses. Also, using the advantages of their experience working with major vendors and the support of their conglomerates, Turkish television companies are poised to play a major role in the worldwide television manufacturing supply chain.



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