Steady increase in competitiveness: TCL color TV sales have exceeded 20 million units

Recently, TCL Group announced the announcement of the progress of major product sales and service business in December 2016. Observing from the announcement data, in 2016, TCL achieved a significant increase in sales of LCD panels, smart TVs, and home appliance products.

Despite the fierce market competition in the color TV market in 2016, the TCL Multimedia business has grown in contradiction, and the market competitiveness has improved in terms of product development, market expansion and brand promotion. Sales figures show that in 2016, cumulative sales of TCL TVs increased by 14.93% year-on-year to 20.507 million, becoming the first Chinese company to enter 20 million clubs, followed by South Korea's Samsung and LG; among them, in the leading smart TV field, the cumulative sales for the whole year It reached 11.220 million units, a significant year-on-year increase of 49.3%.

The LCD panel business, as a key link in the integration of the TCL industry chain, maintained rapid growth throughout 2016. According to the announcement, Huaxing Optoelectronic Co., Ltd. achieved a total of 2.825 million films in 2016, an increase of 47.04% year-on-year. Benefiting from strong demand, the company continued to maintain full-scale sales in December. The sales floor area of ​​LCD TV panels and module products was approximately 260,000 LCD glass substrates, a year-on-year increase of 19.7%. The production yield of China Star Optoelectronics has reached the industry's highest level of 98%, and the high production capacity and product yield also directly brings cost advantages, making its financial performance has been at the forefront of the industry. With the Spring Festival approaching, the LCD panel industry continues to maintain a higher degree of prosperity, is expected to provide a relaxed operating environment for China Star Optoelectronics.

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