TCL was founded by Mr. Dongsheng Li in 1981
. Originally, the company name takes the initials from "Telephone Communication Limited". Today the group has become one of the world's leading consumer electronics companies
and semiconductor manufacturers
. The three letters are given new meaning as well, representing "The Creative Life", the core value to its customers.
TCL started to go global as early as 2004. With 75,000 employees worldwide
, it expands to more than 160 global markets, including North America, Europe, Asia, the Middle East, Africa and South America. In 2019, TCL restructured its business into two main entities, namely TCL Technology (SZSE: 000100) and TCL Industries.
TCL Technology focuses on semiconductor display and materials
and the development of industry financial business
. TCL's panel business is In the first three quarters of 2020, the company achieved a total revenue of USD 7.5 billion (increased by 18.4%) and total net profit of USD 274 million.
Owning two listed company, TCL Electronics (HK:01070) and Tonly Electronics (HK:01249), and three business groups, TCL Industries aims at becoming a world-leading intelligent technology corporation. It expands business to a wild range of consumer electronics
, including TVs, mobile phones, refrigerators, washing machines, air conditioners, and smart health electrical appliances, etc. In the first three quarters of 2020, TCL Industries achieved a total revenue of USD 9.6 billion (increased by 6.2%) and total net profit of USD 215 million. About TCL Electronics and TCL Communication TCL Electronics
is one of the world's fastest-growing consumer electronics companies and one of the world's leading television and mobile device manufacturers. For nearly 40 years TCL has operated its own manufacturing and R&D centers worldwide, with products sold in more across the world. TCL Electronics specializes in the research, development and manufacturing of consumer electronics ranging from TVs, mobile phones, audio devices and smart home products as part of the company's "AI x IoT" strategy.
TCL Communication Technology Holdings Limited (TCL Communication
) is a wholly-owned subsidiary of TCL Electronics. TCL Communication designs, manufactures and markets mobile devices and services globally through a comprehensive and multi-brand portfolio that includes TCL, Alcatel and Palm-branded products. The company's products are sold in more than 160 countries across North America, Latin America, Europe, the Middle East, Africa and Asia Pacific.
TCL has been a famous TV brand in global market
for years. According to OMDIA, TCL ranked global No.2 in TCL brand TV market share in Q2 2020. In September 2019, TCL added TCL Mobile
to its global product offering. Since then, the products have been rolled out on a global scale rapidly. Moving forward, TCL will continue to expand product portfolio.
More information are available on: https://www.tcl.com/global/en.html