About TCL Electronics Holdings

TCL Electronics Holdings Limited, an investment holding company, engages in the research and development, manufacture and distribution of consumer electronic products. The company sells colour television sets in the People’s Republic of China, Europe, North America, and internationally. The company is a subsidiary of T.C.L. Industries Holdings (H.K.) Limited. Strategy The company, through a new product-and-user-oriented business model, focuses primarily on a ‘double +’ strategy which includes ‘smart + Internet’ and ‘products + services’ as the main direction. The company strives to build an ecosystem for smart TVs that provide users with an exquisite experience with its smart products and services. Segments The company operates through Television and Others segments. Television This segment manufactures and sells television sets in the People’s Republic of China market; and the overseas markets. Others segment This segment includes information technology, Internet service and other businesses, including manufacture and sale of television related components, sale of white goods, mobile phones and air conditioners. Internet Business The company builds its smart TV ecosystem, strengthen the platform development and users operation to accelerate the promotion of the Smart + Internet new business. As of December 31, 2017, the accumulated number of TCL activated smart TV users totaled 23,536,522, and the daily average number of active users in December 2017 was 10,809,751. Significant Events In September 2017, the company launched three new X/C/P TV series, namely, the X6 XESS Private Theatre TV, the C5 Cityline Bluetone TV, and the P6 Ultra High-Definition Thin TV at the International Consumer Electronics Fair in Berlin. History The company was founded in 1981. It was formerly known as TCL Multimedia Technology Holdings Limited and changed its name to TCL Electronics Holdings Limited in June 2018.