2 1 Shi Ji Jing Ji Bao Dao·2026-01-21 13:55Core Viewpoint - TCL Electronics and Sony have signed a memorandum of understanding to establish a joint venture, with TCL holding a 51% stake, allowing TCL's Li Dongsheng to control the new entity, which will take over Sony's home entertainment business, including televisions and audio products [2][3]. Group 1: Joint Venture Details - The new entity will be controlled by TCL, which will acquire Sony's home entertainment business, projected to generate approximately 40 billion RMB in revenue for Sony's display and audio segments in the fiscal year 2024 [3]. - The joint venture is expected to be finalized by March 2026, with operations commencing in 2027 [3]. Group 2: Financial Projections - TCL's net profit for the year 2025 is estimated to be between 2.08 billion and 2.3 billion RMB, with revenues expected to exceed 100 billion RMB [3]. - If the merger with Sony's business is successful, TCL's terminal business scale could reach 140 billion RMB, positioning it as a global leader in the television market [3]. Group 3: Market Position - TCL's team aims to achieve a cumulative global television shipment of 30.7 million units by 2025, placing it in the second position in the market [3].