Search results for TCL
Industry
LG Electronics to boost OLED leadership, defend premium segment with scarcity
LG Electronics is rolling out its 2026 OLED TV lineup, combining record-high brightness with ultra-low reflection technology to defend its position in the premium market. It unveiled the “The Next OLED” range in Seoul, highlighting new color and AI processing features, along with upgrades to sound and webOS. The company also introduced new form factors, including a wireless wallpaper TV. An executive said limited global OLED panel supply would prevent rapid price commoditisation.
Industry
LG Display sells China automotive module business to focus on OLED
LG Display has decided to exit its automotive LCD module business in Nanjing, China, and shift production to outsourcing, as it steps up efforts to improve operating efficiency and profitability. The company disclosed it signed a deal to transfer the business for 104.1 billion won to the Nanjing unit of KOSDAQ-listed Top Run Total Solution. LG Display will retain its IT-device LCD module operations in Nanjing. The transfer is scheduled for July 30.
Industry
Chinese TV brands target premium market as Samsung fights to hold top spot
Samsung Electronics, which has held the top spot in the global TV market for 22 years, is under growing pressure from China’s TCL. Counterpoint Research data showed Samsung’s shipment share slipped to 17 percent in November, while TCL lifted shipments 20 percent year on year. Samsung’s VD·DA revenue fell across three quarters and operating profit turned to a roughly 100 billion won loss in the third quarter. TCL is also moving into premium TVs via a Sony joint venture.
