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tcl multimedia technology (1070) Snapshot

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tcl multimedia technology (1070) Details

TCL Multimedia Technology Holdings Limited, an investment holding company, manufactures, distributes, and sells colour television sets worldwide. It operates through Television and Others segments. The company offers 3D and LED TVs, ice screens, and accessories. It is also involved in the information technology and other businesses, including the manufacture and sale of television related components; and the sale of white goods, mobile phones, and air conditioners, as well as in the property holding operations. The company is headquartered in Shenzhen, the People’s Republic of China. TCL Multimedia Technology Holdings Limited is a subsidiary of T.C.L. Industries Holdings (H.K.) Limited.

25,345 Employees
Last Reported Date: 04/23/15

tcl multimedia technology (1070) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $280.0K
Founder, Chairman, Head of Groups Management,...
Total Annual Compensation: $650.0K
Executive Director and Member of Strategy Exe...
Total Annual Compensation: $2.0M
Compensation as of Fiscal Year 2014.

tcl multimedia technology (1070) Key Developments

TCL Multimedia Technology Holdings Limited Announces Executive Changes

The board of directors of TCL Multimedia Technology Holdings Limited announced that with effect from June 25, 2015, Mr. HAO Yi ceases to be the chief executive officer of the company but will remain to be an executive director of the company. Mr. BO Lianming, the chairman of the strategy executive committee and an executive director of the company, takes up the role as the chief executive officer of the company. Mr. BO has been in charge of the Group's major operation and management since he took up the role of the chairman of the strategy executive committee of the Company in November 2014. The Board considers that having Mr. BO to act as the chief executive officer of the Company will further help enhance the operation efficiency and core competitiveness of the Group, more clearly define the organizational structure, and simplify the Group's decision-making mechanism. The change is beneficial to the Group's overall business development.

TCL Multimedia Technology Holdings Ltd. Reports Unaudited LCD TV Sales Volume Results for the Month and Year-To-Date Ended May 2015

TCL Multimedia Technology Holdings Ltd. reported unaudited LCD TV sales volume results for the month and year-to-date ended May 2015. For the month, the company reported LCD TV sales volume of 1,100,444 against 1,100,623 for the same period a year ago. For the period January to May 2015, the company reported LCD TV sales volume of 6,638,415 against 6,498,997 for the same period a year ago.

TCL Multimedia Technology Holdings Ltd. Unveils First 65” TV Featuring QD Vision’s Color IQ™ Quantum Dot Technology

TCL Multimedia Technology Holdings Ltd. expanded its Color IQ™-based product family with the introduction of its Q65H9700 65’’ 4K UHD Quantum Dot TV. This is the second Color IQ™-based TV launched by TCL, following the successful launch of its 55” H9700 model last December. Both products feature best-in-class color performance enabled by QD Vision’s Color IQ optics. TCL continues to gain industry momentum on the basis of its unique combination of innovation and value. Color IQ technology from QD Vision is the most energy-efficient and lowest-cost quantum dot solution available, enabling manufacturers to offer TVs with premium color at LCD TV prices. According to TCL, Color IQ optics enable the TCL quantum dot TVs to achieve 110% of full-gamut NTSC color performance, compared with 60-70% NTSC found in most mainstream LCD TV designs. The new TCL 65” quantum dot TV, Model Q65H9700, is a Smart UHD TV with premium Harman Kardon sound system and a sleek, minimalist design. It is available now in retail stores in China.


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Price/Book 1.5x
Price/Cash Flow 26.5x
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