Sony to cede control of Bravia TVs to China’s TCL

Sony Group announced it will sell a 51% stake in its home entertainment business, including the Bravia TV brand, to Chinese rival TCL Electronics Holdings. The deal marks another Japanese firm reducing exposure in the low-margin TV segment. The joint venture, set to operate from April 2027, will produce Sony- and Bravia-branded televisions using TCL’s display technology.

Sony Group is spinning off control of its home entertainment business, including the flagship Bravia television brand, to Chinese rival TCL Electronics Holdings, the latest Japanese company to cut exposure in the low-margin segment.

The PlayStation maker said on Tuesday it will sell a 51% stake in its home entertainment arm to TCL. The two companies intend to set up a joint venture that will begin operations in April 2027 to produce televisions carrying the Sony and Bravia names but use TCL’s display technology, according to a statement.

TCL, one of China’s oldest and largest electronics conglomerates, has for years tried to forge a major overseas business. It took over one of the most prominent display booths at the CES 2026 conference in Las Vegas this year, supplanting Samsung Electronics, and will now seek to leverage the Sony brand and technical expertise to continue its expansion. It’s grown into a major budget TV name in the U.S. and has previously licensed the BlackBerry and Alcatel brands for mobile devices.

This move highlights ongoing shifts in the global electronics industry, particularly in China-Japan business ties.

Related Articles

Texas AG Ken Paxton files lawsuits against Samsung, LG, Sony, Hisense, and TCL over alleged smart TV spying, illustrated with courtroom drama and surveilling TVs.
Image generated by AI

Texas sues major TV makers over smart TV surveillance

Reported by AI Image generated by AI

Texas Attorney General Ken Paxton has filed lawsuits against Samsung, LG, Sony, Hisense, and TCL, accusing them of using Automated Content Recognition technology to spy on viewers without consent. The suits claim this software captures screenshots every 500 milliseconds and transmits viewing data for targeted advertising. Paxton seeks damages and restraining orders to halt the practices.

Sony Corp announced on Tuesday that it will spin off its home entertainment business into a joint venture with China's TCL Electronics Holdings Ltd to enhance its global competitiveness. TCL will hold a 51 percent stake, with Sony owning the remaining 49 percent. The new entity will continue using the Sony name and Bravia TV brand.

Reported by AI

TCL and Sony have formed a new joint company to produce Sony's Bravia TVs and home audio products. The partnership, with TCL holding a 51% stake, aims to leverage TCL's manufacturing capabilities while preserving Sony's design expertise. This move ensures the continuation of the Sony brand amid competitive pressures in the TV market.

Netflix has struck a landmark global agreement with Sony Pictures Entertainment, securing exclusive Pay-1 streaming rights for Sony's theatrical films worldwide. The deal, described as first-of-its-kind, includes major upcoming releases like the live-action Legend of Zelda movie. It expands an existing partnership to cover every Netflix market, with rollout starting in 2026.

Reported by AI

In the lead-up to CES 2026 (previewed here), Samsung will kick off the show with its First Look press conference on January 4, streaming live from Las Vegas. The event features key executives discussing AI innovations and future product directions, with expected updates on appliances, displays, and possibly the Ballie robot.

Amid shifting dynamics in China's retail sector, several foreign and Hong Kong brands are closing physical stores on the mainland. High-profile closures include those of Lane Crawford, Ikea, Triumph, Zara Home, and Zara. German lingerie maker Triumph Group International had closed all its bricks-and-mortar stores on the mainland as of December 31.

Reported by AI

LG Electronics reported an operating loss of 109.4 billion won ($75.2 million) for the fourth quarter of 2025, swinging from a profit the year before due to U.S. tariffs and weak demand. Annual revenue hit a record 89.2 trillion won, up 1.7%, but operating profit fell 27.5% to 2.48 trillion won.

 

 

 

This website uses cookies

We use cookies for analytics to improve our site. Read our privacy policy for more information.
Decline