Underrated TCL
CategoryNews Briefs
2022's profit exceeded the combined total of profits from 2018 to 2021 — that one sentence alone underscores TCL's strength.
From 1981 to 2023, by the end of 2022 TCL's two engines were: industry (applications and revenue, with an annual output value of approximately ¥230 billion), and technology (R&D, revenue ¥120 billion, annual R&D investment around ¥15 billion). The industry segment in particular covers smart terminals (smart home appliances), semiconductor displays, and photovoltaic power generation (one can reasonably imagine that in the future it could generate its own power to meet the needs of its own products).
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