In September 2005, TPV Technology acquired part of Philips' monitor and entry-level flat screen TV business, making it the largest display manufacturer in the world. In March 2008, TPV acquired a business operation from Chi Mei Optoelectronics Corporation.
In April 2011, TPV Technology and Philips agreed to form a Netherlands-based television manufacturing joint venture comprising all of Philips' television operations, and owned 70% by TPV Technology and 30% by Philips. Creation of the joint venture, named TP Vision, was completed in April 2012. In January 2014, TPV Technology announced an agreement with Philips to transfer the remaining 30% shares to TPV, which was completed in May 2014, making TP Vision a wholly owned subsidiary of TPV Technology.
TPV Technology manufactures CRT monitors, LCD monitors & LCD TVs. TPV has a total production capacity of 6.1 million monitors in a month. TPV has five factories in China, two in Brazil, one in Poland and one in Russia and sells its products worldwide.