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Information about Tcl Corporation

The TCL Corporation is a Chinese electronics manufacturer headquartered in Huizhou of Guangdong Province, southern China. TCL Corporation products include mobile phones, personal computers, home appliances, electric lighting, and digital media sold to domestic and overseas markets. TCL is listed on the Shenzhen Stock Exchange and Hong Kong Exchange as TCL Corporation and TCL International Holdings Limited HKSE: 1070 . The city of Huizhou owns much of the company while other investors include Phillips and Toshiba.

History

Founded in 1981, TCL began as a manufacturer of magnetic tapes. TCL developed rapidly during the 1990s becoming one of China's fastest growing companies with an average growth rate of 42.65% for the past 12 years. The company successfully restructured from a state-owned enterprise with help from international investors.

In 2003, it experienced a crisis of financial statement and failed to go public as a group company. However, that year the group also recorded a revenue of RMB 28.2 billion yuan ($3.5 billion USD),and a profit of RMB 0.57 billion ($70 million USD). A survey on most valuable brands in 2003, conducted by Beijing Brand Equity Evaluation Co Ltd. indicated that TCL is one of China’s most valuable brands with a brand equity of RMB 26.712 billion ($3.3 billion USD). In January 2004, TCL Corporation as a whole was officially listed.

Later in 2004, TCL set up a joint venture creating the TTE Corporation with France's Thomson Group, giving TCL control of the RCA brand and making it the global leader in television manufacturing. At the time, TCL was hailed as the first Chinese company to compete on the international stage with large international corporations.

Analysts cited the company’s willingness to cooperate with competitors as an asset. Investors in TCL include former competitors: Toshiba, Sumimoto, Kingsoft, Nanda, Pentel,and Schneider. In July 2004 TTE, officially started operation in Shenzhen. Also, in April 2004, TCL Mobile and Alcatel formed a joint venture to engage in mobile phone development, production, sales and services.

Recently, TCL has had difficulty due to price competition inside China. The Hong Kong-listed stock dropped 30% in 2004. Also in late 2004, Thomson surprised the market by announcing that it was taking a small stake in Konka Group, a TCL rival.

In late 2005, the Chinese unit of Philips Electronics purchased a 7 percent stake in TCL becoming the company's third-largest shareholder. As of the beginining of 2006, TCL has representative offices in 10 countries and is expanding in Vietnam, India and Germany. TCL has technology partnerships with Microsoft and Intel.

In August 2004, Alcatel set up a joint venture with TCL forming a new mobile business, TCL & Alcatel Mobile Phones Limited (TAMP). TCL owned 55% of this joint venture. In May 2005, TCL signed a ten-year licensing agreement with Alcatel, and TAMP became a 100%-owned subsidiary of TCL.

TCL Group members

Multimedia Electronics SBU

Household Appliance Marketing Co.Ltd.

AV Business Department

Monitors Business Department

Muti-brands Sales Business Department

Rowa TV Business Department

TCT

TCL Mobile Communication Co.,Ltd

TCL&Alcatel Mobile Phones Limited

Digital Electronics SBU

TCL Computer Technology(Shenzhen)Co.,Ltd.

Hanlinhui Software Industry Co.,Ltd

Electronic University Online Distant Education Technology Co.,Ltd.

Home Electrical Appliances SBU

Air-conditioner Business Department

White Home Electrical Appliances Department

TCL Small Home Appliances Division

TCL Ruichi(Huizhou)Refrigeration Equipment Co.,Ltd.

Electrical SBU

TCL INT'L Electrical OBU

TCL Lighting Electrical OBU

TCL Industrial Electrical OBU

TCL Building Technologies OBU

Overseas SBU

TCL Vietnam

TCL Indonesi

TCL Russia

TCL Philippine

TCL Indian

Electronics & Components SBU

Huizhou Shenghua Industrial Co., Ltd

TCL Hyperpower Batteries Co.,Ltd.

ShenZhen ASIC Micro-Electronics LTD.

Strategic OEM SBU

TV Business PC

AV Business PC

Other Enterprises

TCL Cultural Development Co.,Ltd.

TCL Communication Equipment (Huizhou)Co., Ltd.

LG Electronics(Huizhou)Co.,Ltd.

Go-Video

TCL Multimedia Technology Holdings Limited

Trivia

TCL stands for "Today China Lion" or "今日中国雄狮" in Chinese. It roughly translates to China's modern lion. Since 2007, the meaning of TCL has been changed to "The Creative Life". [Source: Zhiyuan Shi, Oversea Marketing Department, TCL Communication Equipment (Huizhou) Co., Ltd.]

References and external links

This page contains Chinese text.
Without proper rendering support, you may see question marks, boxes, or other symbols instead of Chinese characters.
China (Traditional Chinese:
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Electronics is the study of the flow of charge through various materials and devices such as, semiconductors, resistors, inductors, capacitors, nano-structures, and vacuum tubes. All applications of electronics involve the transmission of power and possibly information.
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Manufacturing (from Latin manu factura, "making by hand") is the use of tools and labor to make things for use or sale. The term may refer to a vast range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw
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Huizhou (Simplified Chinese: ; Pinyin: Hùizhōu; Cantonese: wai6 jau1) is a prefecture-level city in Guangdong province, People's Republic of China.
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广东省
Guǎngdōng Shěng
Abbreviations: ?  (Pinyin: Yuè)

Origin of name 广 guǎng - region name
东 dōng- "East"
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mobile phone or cell phone is a long-range, portable electronic device used for mobile communication. In addition to the standard voice function of a telephone, current mobile phones can support many additional services such as SMS for text messaging, email, packet switching
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personal computer (PC) is a computer whose original sales price, size, and capabilities make it useful for individuals.

It is unknown who coined the phrase with the intent of a small affordable computing device but John W.
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Appliance may refer to a device with a narrow function:
  • Home appliance, routine household tasks, using electricity or some other energy input.
  • Small appliances
  • Major appliances

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Digital media (as opposed to analog media) usually refers to electronic media that work on digital codes. Today, computing is primarily based on the binary numeral system. In this case digital refers to the discrete states of "0" and "1" for representing arbitrary data.
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Domestic or domestique can refer to:
  • Domestic policy is policy existing or occurring inside a country, not foreign or international
  • An animal or plant that has been domesticated
  • A cycling domestique
  • A domestic worker, see also housekeeper

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Shenzhen Stock Exchange (深圳交易所) is one of the People's Republic of China's three stock exchanges. It is based in Shenzhen, China.

Exchanges


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Hong Kong Stock Exchange

Founded 1891
Headquarters Central, Hong Kong

Industry Financial Services

Services Share trading
Employees

Parent Hong Kong Exchanges and Clearing
Website hkex.com.
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Hong Kong Stock Exchange

Founded 1891
Headquarters Central, Hong Kong

Industry Financial Services

Services Share trading
Employees

Parent Hong Kong Exchanges and Clearing
Website hkex.com.
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Magnetic tape is a medium for magnetic recording generally consisting of a thin magnetizable coating on a long and narrow strip of plastic. Nearly all recording tape is of this type, whether used for recording audio or video or for computer data storage.
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Revenue is a business term for the amount of money that a company receives from its activities in a given period, mostly from sales of products and/or services to customers.
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For the television series, see Profit (TV series)
Profit generally is the making of gain in business activity for the benefit of the owners of the business.
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This article or section may contain a proseline.
Please help [ convert this timeline] into prose or, if necessary, a . ()


Thomson, SA

Public: NYSE:  TMS
Euronext: TMS
Founded Paris, France (1893)
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RCA, formerly an acronym for the Radio Corporation of America, is now a trademark owned by Thomson SA through RCA Trademark Management S.A., a company owned by Thomson.
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Toshiba Corporation
株式会社東芝

Corporation TYO: 6502 , (LSE:  TOS )
Founded Tokyo, Japan (1904)
Headquarters Tokyo, Japan

Key people Atsutoshi Nishida, President & CEO
Industry Electronics & engineering
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Kingsoft (Chinese: 金山) (SEHK: 3888 ) is a software company located in China. Its applications are WPS Office, PowerWord (金山词霸, a Chinese/English/Japanese dictionary software), etc.
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NANDA (formerly the North American Nursing Diagnosis Association) is a professional organization of nurses to standardize nursing terminology that was founded in 1982 and develops and refines the nomenclature, criteria, and taxonomy of nursing diagnoses.
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Schneider may refer to:
  • Schneider (surname) for the name and people
  • Schneider, Indiana, a small town in the United States.
  • Point counts in card games:
  • Schneider (Sheepshead)

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Alcatel-Lucent

Public (Euronext: ALU , NYSE:  ALU , TYO: 6687 )
Founded 1898
Headquarters Paris, France

Key people Patricia Russo, CEO and Serge Tchuruk, chairman
Industry telecommunications
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Anthem
March of the Volunteers[1]



Capital None[2]
Largest district (population) Sha Tin District
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Koninklijke Philips Electronics N.V. (Royal Philips Electronics)

Public (Euronext: PHIA , NYSE:  PHG )
Founded 1891 Eindhoven
Headquarters Amsterdam, the Netherlands

Key people Gerard Kleisterlee, CEO
Industry Electronics
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