TCL is taking over Sony's TV and home cinema business in unexpected joint venture announcement
Bravia TVs by TCL could arrive in 2027
Unfortunately, given what often happens in this kind if situation, Sony TVs could soon be nothing more than rebranded TCL models and so, another good brand ruined in the pursuit of cost cutting. Hopefully it won't be...Hopefully Sony continue to produce great TVs.
American companies have been attempting to do that for decades.China is / will take over All industry globally
appleinchina.com
I'm not sure I like it.
I hope the relationship is going to be like the ThinkTank transition from IBM to Lenovo.
It sort of reminds me of that, many of us thought the brand would be tainted by Lenovo's acquisition of ThinkTank but the opposite was true.
Many public sector officers have Lenovo ThinkTank laptops.
Lenovo is number one laptop in terms of volume and sales.
I like to think we could say the same in a few years time for Bravia under the auspices of TCL.
There’s some truth here, but a few things aren’t accurate.You do not merge with a chinese company you are priced out of business with state Subsidised Prices:
China is / will take over All industry globally . Major shareholder in TCL is the chinese state
Who would of thunk it, Trinton & Bravia bought by a bargain basement brand
China’s strategy
Subsidies
Tax breaks
Cheap land & energy
Preferential financing via state banks
This allows Chinese firms to undercut global competitors on price
Result = non-Chinese brands struggle to compete profitably. & you control global pricing & prices rise as no competition
