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Hon Hai to unveil 70-inch TV in 2nd quarter: source

TAIPEI--Taiwan's Hon Hai Precision Industry Co., the world's largest contract electronics manufacturer, plans to launch a 70-inch flat-panel television in the second quarter of this year to target premium consumers in the larger-sized TV market.

The 70-inch TV, assembled by Hon Hai, is not expected to hit the market until April or May, a company source said recently.

Production of Hon Hai's 60-inch televisions have reached nearly 15,000 units per month, and the initial volume of its 70-inch TVs per month would likely be 10 percent to 20 percent of the monthly production of the 60-inch models, the source said.

The 70-inch TVs will initially focus on the Taiwan market, while the 60-inch TVs will remain as Hon Hai's key products in China, the source said.

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