Chinese Skyworth acquires Metz

The Chinses company Skyworth bought the German TV manufacturer Metz as reported here.

Metz went into insolvency earlier this year. It was one of the last German TV manufacturers. Most others went under or switched to licensing models.

Skyworth wants to continue manufacturing TVs in Germany. But mostly it will use Metz and its distribution network to open the European market for its Skyworth products.