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INNOLUX is considering setting up a TV production facility in India

The company said it would not rule out building a TV production facility in India to strengthen its presence in the local TV market.The strategy is moving forward under the "make in India" initiative, which aims to build an integrated line of business from manufacturing to distribution channels, the sources said.In fact, in order to break into the Indian TV market, sunac established a new business unit, the Indian business center, in October 2018, and appointed deputy chairman Henry siu as head of the center.The company also resumed TV production in 2018 and now accepts OEM/ODM orders from customers such as sharp, Vizio and funai.According to industry insiders, qunchuang optoelectronics will ship about 2.8 million to 3 million OEM/ODM TVS in 2018, and the company plans to ship 5 million to 6 million in 2019.

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