TCL was founded by Mr. Dongsheng Li in 1981. Originally, the company name takes the initials from “Telephone Communication Limited”. Today the group has become one of the world’s leading consumer electronics companies and semiconductor manufacturers. The three letters are given new meaning as well, representing “The Creative Life”, the core value to its customers.
TCL started to go global as early as 2004. With 75,000 employees worldwide, it expands to more than 160 global markets, including North America, Europe, Asia, the Middle East, Africa and South America. In 2019, TCL restructured its business into two main entities, namely TCL Technology (SZSE: 000100) and TCL Industries.
TCL Technology focuses on semiconductor display and materials and the development of industry financial business. In 2020, TCL Technology achieved a total revenue of $12 billion USD (an increase by 33.9%) and total net profit of $795 million USD.
Owning one listed company, TCL Electronics (HK:01070), and several business groups, TCL Industries aims at becoming a world-leading intelligent technology company. It continues expanding business to a wild range of consumer electronics, including TVs, mobile phones, refrigerators, washing machines, air conditioners, and smart health electrical appliances, etc. In 2020, TCL Industries achieved a total revenue of $13.9 billion USD (an increase by 11.4%) and total net profit of $379 million USD. See More