Royal Philips Electronics and Toppoly Optoelectronics of
The new company will be named TPO, and its principal shareholders will be Compal Electronics (of
Toppoly will contribute its display production facilities in
As a result of the deal, Philips will take a charge of approximately 70 million Euros in fourth quarter 2005.
The transaction is conditional upon regulatory approvals, and is expected to be completed in the first half of 2006.