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Monday, April 29, 2024

TV manufacturer eyes growth in Thai market

From left are Mr Nishioka, Mr Zhu and Mr Pongthep. According to Mr Zhu, the overall TV market in Thailand has reached saturation with an annual growth of only 3%.

TVS REGZA Corporation, the operator of Toshiba TV, has resumed its active expansion in Thailand’s 30-billion-baht television market, in an attempt to substantially raise its market share.

Jason Zhu, assistant general manager of the company’s global operation division, said that the recent reopening of the borders to overseas visitors and the imminent reclassification of Covid-19 as an endemic disease are both positive factors for economic recovery.

The forecast growth in exports due to the recovering global economy, an accelerating real estate market and expanding…

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