Consumer electronics and home appliances (2)

Turkey's Vestel Electronics is the largest TV producer in Europe, accounting for a quarter of all TV sets manufactured and sold on the continent.[24] By January 2005, Vestel and its rival Turkish electronics and white goods brand BEKO accounted for more than half of all TV sets manufactured in Europe.[25] Another Turkish electronics brand, Profilo-Telra, was Europe's third largest TV producer in 2005.[26] EU market share of Turkish companies in consumer electronics has increased significantly following the Customs Union agreement signed between the EU and Turkey: in color TVs from 5% in 1995 to more than 50% in 2005, in digital devices from 3% to 15%, and in white goods from 3% to 18%. Etiketler: consumer electronics and home appliances, tv, vestel electronics