Complex sentence: Admiral Overseas Corporation (AOC) was founded in Chicago, Illinois, by Ross Siragusa as the Asian arm of his Admiral Corporation, and later established in Taiwan in 1967 as the first manufacturer of color televisions for export.
Split into simpler sentences: Admiral Overseas Corporation (AOC) was founded in Chicago, Illinois, by Ross Siragusa as the Asian arm of his Admiral Corporation, and established in Taiwan later. In 1967 as the first manufacturer of color televisions for export.