The companies initially planned to start their partnership late last year, but the deal was delayed. TPV will own 70 percent of the venture.
A site that focuses on HDTVs claims to have obtained information on the sets from a "credible source."
Hong Kong-based TPV Technology will take control of 70 percent of the operation, as Philips seeks a return to profit for the television operation.
The LT-46P510 is noteworthy for its 120Hz refresh rate and flip-down iPhone/iPod dock, which allows you to play music and movies right from your device.
The Philips PFL5907 series has commendable picture quality and features, making it one of the better LED TV values.
Samsung admits to flaw in Blu-ray player