TCL is taking over Sony’s TV business

After signing a nonbinding agreement in January to spin off its TV business, today Sony officially announced that TCL will pay approximately 75.4 billion yen (over $473 million) for a 51 percent st...

By · · 1 min read
TCL is taking over Sony’s TV business

Source: The Verge

After signing a nonbinding agreement in January to spin off its TV business, today Sony officially announced that TCL will pay approximately 75.4 billion yen (over $473 million) for a 51 percent stake in a new joint venture called Bravia Inc., with Sony holding the remaining 49 percent. The new wholly owned subsidiary will assume […]

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