TCL Electronics Profit Surges 54% as Global Premium Strategy Takes Hold

The company’s display division remains the primary engine of this growth, with TV revenue climbing 24.3% to HK$35.25 billion. TCL maintained its position as the world’s second-largest TV manufacturer by shipment, while its Mini LED segment dominated global rankings with a 77.1% increase in units shipped. This shift toward higher-end hardware allowed the firm to improve its average selling price and gross profit margins significantly, particularly in North American and European markets.

Beyond hardware, TCL is aggressively expanding its digital ecosystem. Revenue from its internet business rose 16.1% to HK$1.69 billion, bolstered by a 74.6% revenue jump in its international segment. The company’s TCL Channel platform now hosts over 53.59 million cumulative users, a scale that has enabled deeper integration with global content partners like Netflix and Google. To further diversify its portfolio, the firm is finalizing a HK$5.61 billion acquisition of TCL’s air conditioning business, a move designed to cement its "all-category" smart home strategy. This transition is backed by a robust financial standing, marked by the company’s recent inclusion in major Hang Seng indices and its first-ever investment-grade credit ratings from Moody’s, S&P, and Fitch.