TCL will invest in China to set up a wholly foreign-owned enterprise

Absrtact: Tcl 12th announced that the company intends to share with the holding subsidiary TCL Multimedia, TCL Communications jointly invested 90 million yuan in Hong Kong to set up a joint venture. Through the company, TCL will invest in China to set up a wholly foreign-owned enterprise, as a smart home project operation

Tcl 12th announced that the company intends to share with the holding company TCL Multimedia, TCL Communications jointly invested 90 million yuan in Hong Kong to set up a joint venture. Through the company, TCL will invest in China to set up a wholly foreign-owned enterprise, as a working entity for smart home projects. Tcl, Tcl Multimedia, TCL Communications will hold the joint venture company 30%, 30%, 40% of the equity. The project is intended to create a full range of intelligent Home service experiences through the integration of emerging things networking and services, through app completion of the entire family's state monitoring, remote control and intelligent services.

Tcl announced that the company through the layout of semiconductor display devices and modules, chip design and software platform, intelligent terminal products and services links, the initial establishment of the consumer electronics industry chain vertical integration advantages. The Intelligent family business is the company "double +" the transformation strategy important constituent, through the TCL Cloud Platform Integration Company's tv+ television, the intelligent white electricity, the family route and so on intelligent home terminal, unifies the Intelligent Mobile Terminal, provides the application and the service in a cloud multiple screen interconnection mutually the consistent experience. The establishment of the Intelligent family joint venture company will give full play to the resource integration and synergy of Tcl, Tcl and Tcl, and strengthen the ability of the company to operate users and improve the profit model of latter service business.

Prior to this, TCL has been alone and with other manufacturers to launch the corresponding "intelligent" function of home appliances products. After the layout of the smart home field, TCL will have the following effects:

1, enhance the value-added of home appliances, improve the profitability of the product itself;

2, with other household appliances brands have fair competition capital;

3, to provide users with better product experience. Gain more revenue by latter services brought by intelligent hardware;

Of course, in the field of intelligent home, users can not only use the same brand of intelligent home appliances products. In the solution of the "interconnection and interoperability" of its own brand products, Tcl also needs to cooperate to solve the "interconnection and interoperability" of the different brands of intelligent home appliances, and to provide users with better product experience.