Syntax-Brillian Inks Manufacturing Agreement with Compal Electronics

Syntax-Brillian Corp. has formed a strategic contract manufacturing partnership with Compal Electronics, the world’s second largest producer of laptop PCs for Tier One global partners.

Compal will immediately begin manufacturing an initial order for 300,000 Olevia LCD HDTVs at its two-million square foot production facilities in Kunshan, China. In addition to providing assembly, testing and quality control services, Compal’s procurement team will be responsible for sourcing and securing the LCD panels used to produce Olevia LCD HDTVs.

Taiwan Kolin Co. Ltd, a key strategic alliance partner of Syntax-Brillian’s since the company’s inception, will continue to leverage its substantial network of suppliers to assist Compal in acquiring all other key components used to manufacture Olevia LCD HDTVs. DigiMedia Technology Company Ltd, a subsidiary of Taiwan Kolin and co-developer with Syntax-Brillian of Olevia LCD HDTVs’ patented technology, will expand their responsibilities to support Compal with engineering support and manufacturing continuity.

“This agreement with Compal takes our existing relationship to a vastly enhanced level,” said James Li, president and CEO of Syntax-Brillian. “It not only supports our supply chain management strategy for reducing costs and optimizing cash flow, but it is a key example of our determination to improve the overall efficiencies of Syntax-Brillian.”

“The alliance with Compal, combined with major existing alliances with Taiwan Kolin and Digimedia, further bolsters Syntax-Brillian’s supply chain management continuity, engineering expertise, manufacturing proficiency, and financial strength in producing Olevia LCD HDTVs,” said Christopher Liu, chairman of Taiwan Kolin.

“This business relationship with Syntax-Brillian is an important milestone in support of our three-year goal to become the largest LCD TV and notebook EMS manufacturer worldwide,” said Ray Chen, president and CEO of Compal Electronics. “To achieve this target, we announced the ground breaking of a four million acre ‘Compal Industrial Park’ in Northern Vietnam in which over 300 leading component suppliers and companies from Taiwan and China will join forces with us to support our mission in the dynamic LCD HDTV industry.”