TCL Technology: 2.454 billion yuan to acquire 30% equity of Suzhou Huaxing

China's Smart TV: IoT, 5G and Smartphone Vendors Revitalizing an 'Old' Market [2/2]

The television has been evolving towards larger displays, higher definitions and some luxury features. Besides the technologies, the product positioning of TV has also changed with the inception of the 'connected world' and 'smart home'.

Politburo Meeting Sets Tone for "15th Five-Year Plan" Start, Addressing "Involuted" Competition and Implementing "AI Plus" Initiative

On April 28, the Political Bureau of the CPC Central Committee (中共中央政治局) held a meeting to analyze the current economic situation. The meeting noted that China's economy saw a strong start in the first quarter (GDP grew 5.0% year-on-year), with major indicators exceeding expectations. As the first Politburo meeting focused on economic work following the start of the "15th Five-Year Plan" (十五五) cycle, it released policy signals characterized by a high sense of urgency.

TCL Technology Acquires Suzhou CSOT, Reinforcing the Company’s Competitive Edge

According to recent reports, TCL Technology acquired Suzhou CSOT to increase the company’s competitive edge in the semiconductor industry, optimizing product quality and expediting the streamlined process.

TCL Technology Posts CNY 48.7 Bn Revenue in 1Q-3Q 2020, Profit in Main Sector Drops 56%

As a major business and key revenue generator, TCL China Star Optoelectronics delivered 32% year-over-year revenue growth. However, the net profit declined from this sector declined significantly due to selling price decrease.

China's Smart TV: IoT, 5G and Smartphone Vendors Revitalizing 'Old' Market [1/2]

In recent years, empowered by flourishing technologies, the television, an 'ancient' type of household appliance, has been evolving with larger displays, higher definitions and even luxury features on offer.