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TCL Corporation to Take Handset Maker TCL Communication Private
TCL Corporation, 6/06/16
Chinese consumer electronics manufacturer TCL Corporation (000100.SZ) recently announced that it plans to privatize its handset manufacturer TCL Communication Technology (2618.HK) through TCL Corporation's wholly owned Hong Kong-based subsidiary TCL Industrial Holdings. Read More
TCL, Unigroup to Form RMB 10 Bln Strategic Industries Acquisition Fund
TCL Corporation, 2/22/16
Chinese consumer electronics manufacturer TCL Corporation (000100.SZ) recently announced a partnership with Chinese state-backed private equity firm Tsinghua Unigroup, whereby the two companies will each contribute industrial and financial resources to jointly establish a RMB 10 bln industry acquisition fund. Read More
Tsinghua Unigroup Invests USD 124 Mln in Online Lottery Site 500.com
500.com, 6/09/15
Chinese online lottery site operator 500.com (NYSE: WBAI) has announced that it has entered into a definitive purchase agreement with Tsinghua Unigroup International, a subsidiary of Tsinghua Unigroup, for the issuance and sale of newly issued ordinary shares of 500.com. Read More
Tencent Invests RMB 50 Mln in Internet TV Technology Provider Huan Tech
Sohu IT, 5/08/15
Chinese consumer electronics manufacturers Changhong (600839.SH) and TCL Corporation (000100.SZ) have both issued announcements that Guangzhou-based internet TV technology provider Huan Technology, in which each owns a minority stake, has secured RMB 100 mln in funding from internet and mobile services firm Tencent (0700.HK) and Tianjin Chengbo Investment Management. Read More
TCL Invests USD 100 Mln in Wanda's E-commerce JV
TCL Corporation, 1/06/15
Chinese consumer electronics manufacturer TCL Corporation (000100.SZ) has announced that is has signed a letter of intent to form a strategic partnership with Chinese real estate conglomerate Dalian Wanda Group, under which TCL will become a cornerstone investor in Wanda e-commerce venture, Wanda E-commerce, and a strategic supplier to Wanda's various commercial properties. Read More
Refond, TCL, Formosa Epitaxy to Form RMB 200 Mln LED JV
Shenzhen Stock Exchange, 7/16/13
Shenzhen-based LED products manufacturer Refond Optoelectronics (300241.SZ), Chinese consumer electronics manufacturer TCL Corporation (000100.SZ), and Yuxing Enterprise, a fully-owned subsidiary of Taiwanese LED chip manufacturer Formosa Epitaxy, will invest a total of RMB 200 mln to establish an LED products JV in Huizhou City, Guangdong, according to an announcement made by Refond. Read More
China Star May Win RMB 4.2 Bln Debt Exemption
Sohu IT, 2/28/13
In its annual report, released February 27, Chinese consumer electronics manufacturer TCL Corporation (000100.SZ) revealed that subsidiary Shenzhen China Star Optoelectronics Technology had sales revenues of RMB 7.237 bln for 2012, with net profits of RMB 315 mln and operating losses of RMB 63 mln. Read More
China Star Cumulative LCD Panel Shipments Exceed 10 Mln Units
Hexun, 12/17/12
Chinese TV set maker TCL Corporation's (000100.SZ) joint venture panel maker, Shenzhen-based China Star Optoelectronics Technology (CSOT), has announced that its cumulative shipments of LCD panels have exceeded 10 mln units since the completion of its LCD manufacturing facilities earlier this year. Read More
Chinese Panel Makers Lobbying for Higher Import Tariffs
DoNews, 11/22/12
Chinese consumer electronics manufacturer TCL Corporation (000100.SZ) has disclosed that China's domestic panel industry is currently lobbying for another increase in panel import tariffs, and expects duties to be raised next year. Read More
Rumor: 360Buy Extends Supplier Payment Period
CCIDnet, 8/16/12
Beijing-based B2C e-commerce platform 360Buy has reportedly extended its supplier payment period to 120 days, longer than the generally accepted industry standard of 60-90 days, according to an industry source. Read More
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