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TCL Group's acquisition of TCL Communication has brought many benefits, mainly reflected in five aspects:First, financial optimization.Second, technological complementarity. As a h...

Why did tcl Group absorb and merge tcl Communication?

TCL Group's acquisition of TCL Communication has brought many benefits, mainly reflected in five aspects:

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First, financial optimization.

Second, technological complementarity. As a heavyweight player in their respective fields, TCL Electronics and TCL Communication have accumulated profound technical advantages. The former is strong in intelligent display, and the latter has made considerable contributions in 5G, intelligent connectivity and sensor application technology. After becoming a family, the two sides can realize the combination of strong and complementary advantages.

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Third, complementary channels. The two sides have great cooperation potential in the improvement of channel network.

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Fourth, help the smart screen.

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Fifth, expand the wisdom of commercial display. The domestic commercial display market is developing rapidly, and the market size is expected to exceed 100 billion this year. TCL Smart Business focus on expanding online office, intelligent conference, education, business, scheduling, medical, transportation and other core scenario business, the combination of hardware and software, terminal and cloud collaboration, data and intelligence evolution is crucial. Based on TCL Electronics' intelligent display research and development and supply chain advantages, as well as the technical migration of TCL Communication, it is conducive to the continuous deepening of TCL's intelligent commercial display business, creating a vertical solution integrating hardware and software in the blue ocean of business display, realizing multi-screen interaction between users' life and work, and bringing more efficient enterprise management and convenient life services.