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What does TCL mean?

TCL Group Co., Ltd. was founded in 1981 and is headquartered in Huizhou City, Guangdong Province, southern China. It is listed in Shenzhen and Hong Kong (Shenzhen: TCL Group 000100; Hong Kong: TCL International 1070). Over the past 23 years, TCL Group has developed rapidly and steadily. Especially since the 1990s, it has grown at an average annual rate of 42.65% for 12 consecutive years, making it one of the fastest growing industrial manufacturing companies in China. At present, TCL Group is mainly engaged in the research, production, sales and service of color TVs, mobile phones, telephones, personal computers, air conditioners, refrigerators, washing machines, switches, sockets, lighting fixtures and other products, including color TVs, mobile phones, telephones, personal computers, etc. The products have leading advantages in the domestic market.

In 2003, the group achieved operating income of 28.25 billion yuan and net profit of 570 million yuan. After years of development, TCL has become one of the most valuable brands in China. In the "2003 Most Valuable Brand Research" conducted by Beijing Famous Brand Assets Appraisal Co., Ltd., TCL's brand value was RMB 26.712 billion.

In August 2004, TTE, the world's largest color TV company jointly established by TCL and France's Thomson and controlled by TCL, officially opened for operation. It marked that the world map of the color TV industry had been rewritten. In April 2004, TCL signed a memorandum of understanding with Alcatel of France to jointly form a joint venture company engaged in the research, development, production and sales of mobile phones and related products and services. The joint venture company has now been officially put into operation.