TCL Electronics Reports 5.3% Rise in Global TV Shipments and 153.3% Surge in Mini LED Sales
Reuters
Oct 28
TCL Electronics Reports 5.3% Rise in Global TV Shipments and 153.3% Surge in Mini LED Sales
TCL Electronics Holdings Ltd. (01070.HK) reported simultaneous growth in TV sales and revenue for the first three quarters of 2025. The company shipped 21.08 million TV sets during this period, marking a 5.3% year-on-year increase. Notably, global shipments of TCL Mini LED TVs surged by 153.3% year-on-year to 2.24 million sets. This strategic product mix optimisation led to TV sales revenue growth outpacing shipment performance, with an 8.7% year-on-year increase. The company also highlighted a 3.4% year-on-year rise in average selling price (ASP) of TCL TVs in the PRC market, including an 8.1% increase in the third quarter. TCL's ongoing focus on mid-to-high-end and large-screen products, coupled with technological innovation, continues to enhance its global brand value.
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