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Europe - TCL expects profits after restructuring.

Europe Intelligence Wire

| June 04, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Telecompaper Europe)

Following restructuring at its European operations, Chinese mobile handset maker TCL expects to turn to profit, Xinhua reports citing president Li Dongsheng. In 2006, TCL posted losses of about EUR 220 million in the European market. In response to the losses, TTE Europe, a joint venture between TCL and Thomson ...

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