Discount Flat Panel Tv
Discount Flat Panel Tv
Frbiz.com reports TCL Multimedia Headquarters to streamline: The original Philips Sagittarius out
Every new sovereign brings his own-ourtiers
October 27, TCL Multimedia a new round of adjustment of the organizational structure and staffing of baked. At this time away from the president of TCL Multimedia took over formal levers of power in less than in January Guanghui.
Exclusive reporter learned that the organizational structure of TCL Multimedia adjustment primarily concentrated in the headquarters level, in addition to keeping the existing four business center, Leroy, and home networking business unit two things, its headquarters of two newly established departments, namely, global product center and global supply chains and business center.
TCL Multimedia concerned told reporters, "TCL Multimedia The new global product center is the previous global R & D center, based on the integration of the original procurement, product planning, and flat-panel tvs BU some of the functions, which shows that TCL Multimedia on the global product planning emphasis has changed in the past some of the coordination of new product launch need more complex situation. "
In addition, the newly formed global supply chain and business center, which will be the original global procurement and supply chain management center with other departments, functions have been integrated.
This reporter has learned, the new global product center will be established TCL Home Networking Business Unit is responsible for the original general manager of Song Yonghong, while the TCL Home Networking Business Unit is the original TCL Multimedia, general manager of global manufacturing center to serve as general manager Mr Wong stars, in addition to the newly established Global Supply Chain and Business Center by Chen Wu, vice president of TCL Multimedia serve as general manager.
Liang Yaorong former CEO before he left office, there was news that its 2007 brought a number of executives from Philips will have to leave, the TCL Multimedia is responsible for global research and development center and strategic sourcing operations and the two vice president, Chen Xiaochun Qing-Fu Li lost in the new position of adjustment, which left the TCL Multimedia is also a normal thing.
TCL Multimedia newly promoted several executives were on the Quanta home network is mainly responsible for the previous division, the world's manufacturing center of the executives, such as the Song Yonghong, and Mr Stephen Wong stars.
It is noteworthy that, in this adjustment, it is responsible for marketing the four TCL Multimedia Operations Center (China Business Center, emerging markets, business centers, business centers in North America and Europe Operations Center), and Leroy Division personnel do not have any changes, TCL Multimedia China Operations Center continues to be Han Qing, vice president of TCL Group, is responsible for, and only a slight turnaround in North American business centers in addition to the former general manager Rich DINSMORE a new addition of a vice-president.
This reporter has learned, TCL Multimedia's headquarters only once this time have been streamlined from the original eight major business units reduced to six, the reporter learned that, as early as LEUNG Yiu Wing era (early 2008 the organizational structure of adjustment) in, TCL Multimedia headquarters functions have been summarized in a comprehensive, human resources and office headquarters into a new human resources, in addition to retain the financial, legal, IT and administrative departments, in order to do intensive headquarters functions.
At the same time, TCL Multimedia's Global Operations Center, the original (GOC) also carried out the functions of the subdivision will be divided into global R & D center, global manufacturing, supply chain and strategic sourcing, technical project quality, new products and business strategy 5 departments, the five major departments that integrated only three, while the original flat-panel TV business unit has also been withdrawn.
This reporter has learned, October 8 this year, TCL Multimedia CEO at Quanta Display has been appointed as senior vice president of TCL Group, together with Han Qing, Vice President, TCL Group, TCL Multimedia concentrated youngest capable management team, apparently TCL Multimedia in the group within the first position of the business has not changed.
For TCL Multimedia's current adjustment, TCL Multimedia concerned told reporters, "Obviously this is a very positive adjustment, which aims to reduce the friction between departments and reduce operating costs, but the four major business centers of the personnel changes in the future are likely to continue, mainly to see their performance. "
This reporter has learned, TCL Multimedia's performance this year has been greatly improved, in particular, its flat-panel TV business grew over 105% to the end of its flat-panel TV shipments are expected to more than 8 million units into the global top five, and its stock price also show the trend of recent skyrocketing, September 28 will be announced over the first three quarters of the industry report also predicted.
Credit Suisse, said the latest report, TCL Multimedia as an LCD TV to replace the mainland for many years and the mainland tidal appliances direct beneficiaries of subsidy program is currently undervalued, the bank's first to its "outperform" rating, target price of 7.85 Hong Kong yuan, the potential increase of 32%, and by October 27 of its stock has risen to 6.82 Hong Kong dollars, over the past year, rising faster than 8 times.
Credit Suisse reports that, TCL Multimedia is the mainland's largest dual-brand TV manufacturers, market share 17%, currently equivalent to 8.3 times earnings, compared with mainland counterparts, Konka and Hisense Electric Deep discounts 49% -60 %.
Obviously with the TCL Multimedia, Skyworth Digital's growth, the Hong Kong-listed mainland capital market, home appliances stocks being undervalued situation is to be radically improved.
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