Revision History

1 revisions for "Sony Hands Its TV Business to TCL: The $650 Million Deal That Ends an Era of Japanese Television Manufacturing"

Anonymousabout 4 hours ago

Sony Group has signed definitive agreements to spin off its television and home audio business into a joint venture called Bravia Inc., giving China's TCL Electronics a 51% controlling stake valued at approximately ¥102.8 billion ($650 million). The deal, set to begin operations in April 2027, transfers manufacturing, supply chain, and day-to-day operations to TCL while Sony retains a 49% minority stake and contributes brand licensing, image processing, and audio technologies.