TP Vision

Summary

TP Vision (TP standing for TPV Philips) is a wholly owned subsidiary of TPV Technology, based in Amsterdam, Netherlands. It develops, manufactures and markets Philips branded TV sets and Philips Professional Displays and LEDwalls in Europe, Russia, the Middle East, Brazil, Argentina, Uruguay, Paraguay, Mexico, Peru, Chile and selected countries in Asia-Pacific, serving both the consumer and hospitality markets.

TP Vision B.V.
Company typeBesloten vennootschap
Founded2 April 2012
HeadquartersAmsterdam, Netherlands
Key people
Kostas Vouzas (CEO)
Productsconsumer electronics
Number of employees
2000 (2014)
Websitewww.tpvision.com Edit this at Wikidata

History edit

In 2011, Philips announced its intention to sell a majority stake in its HDTV business to TPV Technology.[1]

In April 2012, all 3300 employees of Philips' TV division were transferred to TP Vision, a joint venture 70% owned by TPV Technology, headquartered in Hong Kong, China and 30% by Royal Philips Electronics. Philips also receives royalties from TP Vision.[2][3]

In January 2014 Philips transferred the remaining 30% equity interest.[4]

Privacy edit

Netherlands edit

In 2012, Philips and TP Vision made statements about their monitoring the use of Philips branded smart TVs in the Netherlands, such as "60% of our active users switch on their television more than 50 times a month".[5]

The Dutch Data Protection Authority (nl) started an investigation into TP Visions collection and handling of usage data in 2012, and in 2013 reported these are not conforming to law in the Netherlands. Through the use of cookies and logfiles, TP Vision was found to be able to monitor when a Philips smart TV is switched on, which programmes are being watched, which websites are being visited and which apps are being used, without clearly informing their customers and asking their prior permission.[5][6][7]

In response, TP Vision stated it would change its practices to conform to the law.[5]

Notes and references edit

  1. ^ "Philips sells HDTV business to Hong Kong-based TPV Technology, will sate itself with royalty payments". 18 Apr 2011.
  2. ^ "Philips transfers TV business to a joint venture with TPV Technology, TPV takes the controlling stake". 2 Apr 2012.
  3. ^ "Completion of major and connected transaction relating to acquisition of 30% equity interest in TP Vision" (PDF). Hong Kong Exchanges. 30 May 2014. Retrieved 31 May 2014.
  4. ^ "Philips' TV-Geschäft: Ein langes Sterben". Heise.de. 21 January 2014. Retrieved 29 January 2016.
  5. ^ a b c "Onderzoek naar de verwerking van persoonsgegevens met of door een Philips smart tv door TP Vision Netherlands B.V." (PDF). July 2013.
  6. ^ "CBP: persoonsgegevens via smart tv's verzameld in strijd met wet". 22 Aug 2013. Archived from the original on 24 August 2013.
  7. ^ "CBP: producent smart-tv schendt privacy - Tech & Media - VK". Volkskrant. 22 Aug 2013.

External links edit

  • Official website