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Sony and TCL Announce Bravia TV Joint Venture MOU With TCL Holding 51%

The companies target a binding agreement by March 2026 with operations starting in 2027, pending approvals.

Overview

  • The non-binding memorandum would place Sony’s global home entertainment unit—TVs and home audio—into a new company owned 51% by TCL and 49% by Sony.
  • TCL would manufacture televisions carrying the Sony and Bravia brands, while Sony contributes imaging and audio technology plus brand stewardship.
  • The venture is expected to oversee development, design, manufacturing, sales, logistics and customer service across worldwide markets.
  • Sony CEO Kimio Maki and TCL president Du Juan said the collaboration aims to enhance audiovisual experiences, build scale and optimize supply chains.
  • Industry context points to Sony’s shrinking TV share as Chinese brands gain momentum and Mini LED grows, with TCL cited for particular strength in that segment.