The local media are reporting that Skyworth Group has said it will work cloesly with printing giant Epson in the high-end back projection industry, with the details of their cooperative effort to be publicized in Beijing on September 2.

According to the Group's top management, a series of color televisions making use of the liquid crystal back projection technology will be displayed on September 2 in their 2004 Fall New Products release.

Skyworth will become the first color TV manufacturer ever to launch such high-end TV products in China (other manufacturers are foreign corporations, including Sumsung, LG, Sanyo and Panasonic). Epson is not only a major provider of small-sized liquid crystal technology, but it also possesses more than 40% of the patents in the industry, considering the color TV industry to be one of its more promising services in the future.