TCL Technology

Global Industry Analysts Predicts the World TV Market to Reach $450.6 Billion by 2026

Wednesday, September 15, 2021 - 4:25pm

SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "TV - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "TV - Global Market Trajectory & Analytics" .
  • Preview Registry
    Amid the COVID-19 crisis, the global market for TV estimated at US$315.7 Billion in the year 2020, is projected to reach a revised size of US$450.6 Billion by 2026, growing at a CAGR of 5.9% over the analysis period.
  • The U.S. Market is Estimated at $91.4 Billion in 2021, While China is Forecast to Reach $92.6 Billion by 2026
    The TV market in the U.S. is estimated at US$91.4 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Matterport appoints Jon Maron as Vice President of Growth

Tuesday, September 14, 2021 - 2:15pm

SUNNYVALE, Calif., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced the appointment of Jon Maron as Vice President of Growth.

Key Points: 
  • SUNNYVALE, Calif., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced the appointment of Jon Maron as Vice President of Growth.
  • Today, marketing plays a vital role driving adoption and accelerating the next stage of growth for the company, said RJ Pittman, Chairman and CEO of Matterport.
  • At Matterport, our customers come first and the key to driving growth is creating value for our customers every day.
  • Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.

TCL Enhances its XL Collection with an 85" TV That Was Truly Made to Marvel - the X9, Featuring OD Zero Mini-LED Technology

Wednesday, September 8, 2021 - 9:00am

TCL's new 85" OD Zero mini-LED powered 8K TV the X9 is a marvel of technology that delivers revolutionary optics, ultra-thin design, and immersive premium audio combined with the personalized experience of Google TV.

Key Points: 
  • TCL's new 85" OD Zero mini-LED powered 8K TV the X9 is a marvel of technology that delivers revolutionary optics, ultra-thin design, and immersive premium audio combined with the personalized experience of Google TV.
  • In another industry first for TCL, that distance has now been reduced to a remarkable 0 mm to create an ultra-slim high-performance panel in the X9.
  • Combining its smallest mini-LEDs with OD Zero technology features optics that are more compact and require less space inside the cabinet, the X9 is TCL's thinnest QLED TV yet.
  • The 85" TCL X9 features exceptional 8K display resolution with over 33 million pixels for brilliant 8K clarity that's four times the sharpness of 4K TVs.

The Worldwide 5G mmWave Industry is Expected to Reach $75.2 Billion by 2026 at a CAGR of 43%

Tuesday, September 7, 2021 - 7:00pm

This study conducted on the 5G mmWave market provides in-depth analysis on current 5G mmWave deployments, ecosystem, spectrum, market overview, evolution, drivers & challenges, use cases, and cost analysis.

Key Points: 
  • This study conducted on the 5G mmWave market provides in-depth analysis on current 5G mmWave deployments, ecosystem, spectrum, market overview, evolution, drivers & challenges, use cases, and cost analysis.
  • The study is focused on entire 5G mmWave value chain that includes 5G mmWave semiconductor suppliers, infrastructure equipment providers, mobile network operators, and network solution providers.
  • As per this latest market report, 5G mmWave market is expected to be valued to reach $75.2 billion by 2026, at a CAGR of 43% for next 5 years.
  • What are the strategic imperative and calls to action that will define growth and success within 5G mmWave by 2026?

Global Condensers Market Report (2021 to 2030) - Focus on New and Refurbished - ResearchAndMarkets.com

Thursday, September 2, 2021 - 5:00pm

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.

Key Points: 
  • The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.
  • It places the market within the context of the wider condensers market, and compares it with other markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies.
  • It compares the condensers market with other segments of the condensers market by size and growth, historic and forecast.

TCL Technology Announces Results for First Half of 2021, Net Profit Hits USD1.426 Billion

Saturday, August 14, 2021 - 4:26am

During the reporting period, the company achieved operating income of around USD11.45 billion, a year-on-year increase of 153.3%; net profit was around USD1.426 billion, a 7.65 times increase year-on-year; net profit attributable to shareholders was around USD1.04 billion, a year-on-year increase of 461.5%.

Key Points: 
  • During the reporting period, the company achieved operating income of around USD11.45 billion, a year-on-year increase of 153.3%; net profit was around USD1.426 billion, a 7.65 times increase year-on-year; net profit attributable to shareholders was around USD1.04 billion, a year-on-year increase of 461.5%.
  • Furthermore, TCL CSOT, TCL Technology's panel production subsidiary, achieved sales area of 17.792 million square meters with a year-on-year increase of 25.3%.
  • The semiconductor display business of TCL CSOT achieved operating income of USD6.29 billion, a year-on-year increase of 93.6%; net profit was USD1.01 billion, a year-on-year increase of USD1.04 billion.
  • In the second quarter of 2021, TCL CSOT achieved a net profit of USD649.15 million, a quarter-on-quarter increase of 76%.

Keysight Selected by TCL to Accelerate 5G Device Validation in Manufacturing

Tuesday, August 10, 2021 - 4:00pm

Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced that TCL Communication Technology Holdings Limited (TCL) selected the companys integrated mmWave over-the-air (OTA) test solution to accelerate 5G device validation in manufacturing.

Key Points: 
  • Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced that TCL Communication Technology Holdings Limited (TCL) selected the companys integrated mmWave over-the-air (OTA) test solution to accelerate 5G device validation in manufacturing.
  • We are pleased to provide TCL with 5G device test solutions across the workflow, from design and development validation to manufacturing test, said Chih-Kai Wu, director of manufacturing solutions in Keysights wireless test business.
  • TCL designs 5G devices with wider bandwidth support in FR2, providing users access to advanced 5G applications that require wider bandwidths to quickly transfer large quantities of data between the device and the 5G base station.
  • Keysights scalable and integrated 5G mmWave OTA device test solution enables TCL to flexibly verify a large volume of 5G devices with variable bandwidth support, said Xu Dai, director of industry management center at TCL Communication.

TCL Introduces Award-Winning 5-Series and 6-Series TV Lines with Google TV™

Tuesday, August 10, 2021 - 3:00pm

CORONA, Calif., Aug. 10, 2021 /PRNewswire/ -- Today TCL®, one of the world's best-selling consumer electronics brands and a leading display technology innovator, announced pricing and availability of the first TCL TV lines with Google TV across its premium and high-performance 5- and 6-Series. TCL's newest series featuring Google TV enhances its portfolio of award-winning televisions, providing smart software options that allow consumers to enjoy more of the content they want. TCL TVs featuring Google TV will continue TCL's winning formula of high-performance display technologies like QLED wide color and mini-LED backlighting in an accessible package for mainstream TV shoppers, paired with innovative smart platforms like the personalized experience of Google TV.

Key Points: 
  • TCL TVs featuring Google TV will continue TCL's winning formula of high-performance display technologies like QLED wide color and mini-LED backlighting in an accessible package for mainstream TV shoppers, paired with innovative smart platforms like the personalized experience of Google TV.
  • TCL televisions with Google TV deliver a content-first interface that is built around the consumer and what they love to watch.
  • "With the explosive growth of smart TV and streaming service adoption, TCL is excited to expand our award-winning portfolio with Google TV models in the North American market.
  • The TCL 5-Series models with Google TV are available in 50" (50S546) , 55" (55S546) , 65" (65S546) and 75" (75S546) for presale now.

TCL Electronics' Revenue in the First Half of 2021 Increased by 103.7% YoY to HK$34.93 Billion

Friday, August 6, 2021 - 9:50am

In the first half of 2021, TCL Electronics continued to top the global market, and the competitiveness of its international business continued to increase.

Key Points: 
  • In the first half of 2021, TCL Electronics continued to top the global market, and the competitiveness of its international business continued to increase.
  • In the first half of 2021, the sales volume of TCL smart screen in overseas markets increased by 22.2% year-on-year, and the average selling price increased by 32.0% year-on-year.
  • Revenue reached HK$16.66 billion, up 61.4% year-on-year while gross profit reached HK$2.40 billion, up 34.3% year-on-year.
  • In the first half of 2021, the average selling price of TCL smart screen in the PRC market surged by 75.8% year-on-year, and revenue reached HK$6.43 billion, up 47.9% year-on-year.

TCL is One of First TV Brands to Pass the TÜV Rheinland Test on the ETSI EN 303 645 Global Standard for IoT Devices

Friday, July 16, 2021 - 11:00am

TCL is the first batch of TV brands to pass the TV Rheinland test based on the ETSI EN 303 645 and receive the TV Rheinland /Privacy By Design logo.

Key Points: 
  • TCL is the first batch of TV brands to pass the TV Rheinland test based on the ETSI EN 303 645 and receive the TV Rheinland /Privacy By Design logo.
  • "TCL is proud to be one of the first TV brands to receive the TV Rheinland protected privacy logo, for our TV.
  • This is a confirmation from a respected independent third-party organization that TCL fulfils the requirement of ETSI EN 303 645," said Kevin Wang, CEO of TCL Industries Holdings Co., Ltd. and TCL Electronics.
  • ETSI EN 303 645 specifies 13 provisions for the security of internet-connected consumer devices.