Associated tags: Electronics, Cayman, Ecosystem, TCL Electronics, Internet, Research, TCL, Internet of things, Television, Mobile phone, PRC, AR, AI, X11, Technology/Transformation: Wonder Woman
Locations: BENCHMARK, CHINA
Retrieved on:
Tuesday, January 30, 2024
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Greenhouse HONG KONG, Jan. 30, 2024 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", stock code: 01070.HK) is pleased to announce that its offshore subsidiary has signed a sustainable-linked transaction agreement with Standard Chartered.
Key Points:
- HONG KONG, Jan. 30, 2024 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", stock code: 01070.HK) is pleased to announce that its offshore subsidiary has signed a sustainable-linked transaction agreement with Standard Chartered.
- Standard Chartered bundled various derivatives under TCL Electronics' risk hedging to greatly streamline the transaction process and enhance the scope of the sustainable-linked risk-hedging transactions.
- Ms. Jean Lu, Deputy Chief Executive Officer and Head of Corporate, Commercial and Institutional Banking of Standard Chartered China, commented, "We are delighted that Standard Chartered and TCL Electronics reached this innovative sustainable-linked transaction.
- We look forward to seeing Standard Chartered continuing our close collaboration with TCL Electronics, leveraging Standard Chartered's expertise in sustainable finance to support TCL Electronics in achieving its sustainability and carbon neutrality objectives."
Retrieved on:
Monday, December 18, 2023
Augmented reality,
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UI,
Marketing,
Internet,
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Farmer,
Extended reality,
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Electronics,
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Technology/Transformation: Wonder Woman,
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JD,
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Television,
Retail,
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PRC,
Youku,
Renminbi HONG KONG, Aug. 25, 2023 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) today announced its interim results for the six months ended 30 June 2023 (the "Period"). Leveraging the mid-to-high-end strategy and the "TCL + Falcon" dual-brand strategy, its top-tier global brand influence, innovative technology capabilities, and the advantages of its vertically integrated industrial chain, TCL Electronics seized market opportunities during the Period, rapidly scaling up its business to achieve high-quality growth and steady operational improvements.
Key Points:
- In the first half of 2023, TCL smart screens recorded a 12.9% year-on-year increase in shipments to 11.46 million sets.
- In addition to the solid development of its core business, TCL Electronics seized the opportunity to continuously develop the innovative business through its well-established advantages.
- According to the latest ChinaIOL report on shipments in the first half of 2023, TCL air conditioners ranked fourth globally.
- [2] Sources: GfK, TV shipments data from January 2023 to June 2023; NPD, TV retail sales data from January 2023 to June 2023
[4] Statistical time interval of JD platform: 23 May 2023 to 18 June 2023; statistical time interval of Tmall platform: 31 May 2023 to 18 June 2023.
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PRC HONG KONG, July 20, 2023 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) today announced global shipment data for the first half of 2023 ("1H2023"). Global shipment of TCL smart screens in 1H2023 reached 11.46 million units with an increase of 12.9% year-over-year ("YoY"). Driven by market recovery and the 618 (18 June) shopping festival, shipment in the PRC increased 14.0% YoY and 43.1% quarter-over-quarter ("QoQ").
Key Points:
- Global shipment of TCL smart screens in 1H2023 reached 11.46 million units with an increase of 12.9% year-over-year ("YoY").
- In 1H2023, shipment of 65-inch and above TCL smart screens increased by 67.8% YoY, accounting for 22.5% of total shipment during the period, an increase of 7.4 percentage points YoY.
- During the 618 shopping festival, TCL Mini LED smart screens, QLED smart screens, 75-inch and above TCL smart screens, and 98-inch large smart screens all ranked first in terms of both sales revenue and sales volume for their respective category[1].
- Shipment of 75-inch and above TCL smart screens accounted for 29.7% of total shipment in the PRC market, an increase of 12.4 percentage points YoY.
Natural language processing,
TCL,
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Mobile phone The "Super Story Painter" AI story collection leverages AI large language model technology to automatically generate stunning animations, featuring AI-created children's stories, popular science, and interpretations and recitations of traditional ancient poetry.
Key Points:
- The "Super Story Painter" AI story collection leverages AI large language model technology to automatically generate stunning animations, featuring AI-created children's stories, popular science, and interpretations and recitations of traditional ancient poetry.
- These animations undergo a meticulous review process by professionals and relevant entities before being presented to the audience.
- The Company will strengthen its R&D efforts in related technologies, such as machine vision, natural language processing, knowledge graphs and operational optimisation.
- By focusing on enhancing the interactive experience across a variety of products, TCL Electronics aspires to become the world's premier smart device enterprise.
Mini,
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PRC HONG KONG, April 20, 2023 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) today announced its global shipment data for the first quarter of 2023. In the first quarter of 2023, the global shipment of TCL smart screens reached 5.55 million sets, registering a year-on-year increase of 14.2%. Benefitting from enhanced brand power, optimised domestic distribution network, and strategic efforts in key global markets, the PRC and international markets saw year-on-year shipment growths of 11.2% and 15.0%, respectively, demonstrating strong resilience in the smart screen business.
Key Points:
- In the first quarter of 2023, the global shipment of TCL smart screens reached 5.55 million sets, registering a year-on-year increase of 14.2%.
- In the first quarter of 2023, the shipment of TCL large-sized smart screens sustained robust growth momentum, and the shipment of 65-inch and above TCL smart screens rose by 81.2% year-on-year, and its corresponding proportion increased by 7.3 percentage points to 19.8%.
- Furthermore, the overall average size of TCL smart screens increased by 3.9 inches, highlighting the remarkable outcomes of product mix optimisation strategy.
- In the first quarter of 2023, TCL Mini LED smart screens maintained a global leading position, with its year-on-year increase in global shipment reaching 137.2% and its retail sales volume continuously ranking the first in the PRC market[1].
Molecule,
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PRC HONG KONG, March 10, 2023 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) today announced its 2022 annual results for the year ended 31 December 2022.
Key Points:
- TCL Electronics has concentrated on its display business while also accelerating the expansion of its innovative business, achieving new breakthroughs in 2022.
- Continuous Breakthroughs in the Mid-to-High-End Market, with Large-Sized Display Business Delivering High-Quality Development
The overall shipment scale of the global TV industry was under pressure in 2022 due to the downward trend of the global economy.
- In the international market, sales revenue of TCL smart screen was HK$30.0 billion, with a gross profit margin of 15.9% in 2022.
- As for the international market, TCL Electronics has actively maintained close cooperation with prominent Internet giants such as Roku and Google.
Retrieved on:
Wednesday, February 1, 2023
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PRC HONG KONG, Feb. 1, 2023 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) announced today its global sales volume for 2022. Sales volume of TCL smart screens increased by 0.8% year-on-year, reaching 23.78 million sets in 2022, of which 7.16 million sets were sold in the fourth quarter, an improvement of 9.7% year-on-year. As TCL continues to advance its dual-brand strategy with FFalcon and further optimize its online and offline channels, its sales volume in China continues to grow at a high rate. In the fourth quarter of 2022, the sales volume of TCL smart screens in the PRC market increased by 32.2% year-on-year.
Key Points:
- Sales volume of TCL smart screens increased by 0.8% year-on-year, reaching 23.78 million sets in 2022, of which 7.16 million sets were sold in the fourth quarter, an improvement of 9.7% year-on-year.
- In the fourth quarter of 2022, the sales volume of TCL smart screens in the PRC market increased by 32.2% year-on-year.
- The overall average size of TCL smart screens being sold increased by 3.4 inches year-on-year to 48.4 inches, showing an obvious trend towards large screens.
- In 2022, TCL Mini LED smart screens experienced leapfrogging development, with sales volume rising significantly up by 26.8% year-on-year globally.
