Tsinghua Tongfang Co Ltd will invest 4 billion yuan to build a manufacturing plant for flat screen televisions and related components in Shenyang, Northeast China's Liaoning Province, the Beijing-based company said in a statement last week.

Tsinghua Tongfang, which before focused on personal computers and IT services, is another of the new players attracted to the booming digital TV market in China.

Tsinghua Tongfang has begun operation of the first-phase 500 million yuan facility in Shenyang. The company will produce LCD (liquid crystal display) TVs, PDP (plasma display panel) TVs and components at the plant.

The company plans to manufacture one million units annually in the first phase and will increase production to three million after the third phase of construction is completed, according to Wang Lianghai, Tsinghua Tongfang's assistant to the president in charge of the company's digital TV business.

(China Daily)