Nairrk
Active Member
TCL Electronics Holdings Limited (“TCL Electronics” or the “Company”,01070.HK) is pleased to announce its global shipment data of TCL TV for 2024. Benefiting from the successfulimplementation of the Company’s “TCL + Falcon” dual brand and “mid-to-high-end + large-screen” strategies,as well as continuous innovation of Mini LED display technology to reinforce its competitive edge, globalshipment of TCL TV experienced a year-on-year (“YoY”) growth of 14.8% in 2024, reaching a new record highof 29 million sets. Among which, the global shipment of TCL TV increased by 19.3% YoY and 20.0% quarteron-quarter (“QoQ”) respectively in the fourth quarter of 2024, demonstrating robust growth momentum.
Throughout 2024, TCL Electronics continuously capitalised on the global market trends of larger screen sizesand premium features, maintaining double-digit growth in the shipment of large-screen TV. The global shipmentof 65-inch and above TCL TV increased by 21.3% YoY, with its corresponding proportion rising by 1.4 percentagepoints to 26.0%. The global shipment of 75-inch and above TCL TV saw an even more impressive YoY increaseof 39.8%, with its shipment proportion rising by 2.4 percentage points to 13.2%. The average screen size ofglobal shipment of TCL TV increased by 1.3 inches YoY to 52.4 inches
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