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TCL Announces Restructuring

NetEase, 12/03/07

TCL Corporation (000100.SZ) has announced a restructuring. From January 1 its multimedia, communications, domestic appliances and components businesses will be split into four industrial groups, with two further companies arranged around property and financing; and logistics and services. TCL Corporation will switch from group management to an investment and holdings model.

Keywords: TCL Corporation 000100.SZ corporate restructuring hardware wireless computer mobile phone

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