TCLๅฐๅบฆไบงไธๅญๅจๅทฅ๏ผๅๆๅ ็ต้ฆๆฌก่ฟๅๆตทๅค โ Yicai
What happened: Chinese electronics giant TCL plans to build a manufacturing plant in Tirupati, India. The park will be the companyโs first overseas production unit of TCLโs panel subsidiary, China Star Optoelectronics Technology (CSOT). The company plans to produce up to 40 million TV and mobile phone screens of various sizes annually. The factory is expected to begin production at the end of 2019.
Why itโs important: The panel factory in India is TCLโs largest manufacturing base outside of China. It also marks the first step in CSOTโs deployment into the overseas market as part of the companyโs plan for semiconductor production. The Chinese electronics giant will leverage CSOTโs advantages in smart manufacturing and product delivery, aiming at focusing on enterprises rather than consumer products only. India is the worldโs third-largest TV market and has become one of the most important strategic markets for Chinese appliance manufacturers.
