TCL Technology

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TCL Technology is one of China's largest enterprise groups of consumer electronics on global scale, owns four listed companies: TCL Technology Group Corporation (''TCL Technology''; SZSE stock code: 000100), TCL Electronics Holdings Limited (''TCL Electronics''; HKEX stock code: 1070), TCL Communication Technology Holdings Limited (''TCL Communication''; HKEX stock code: 2618), China Display Optoelectronics Technology Holdings Limited (''China Display''; HKEX stock code: 334) and Tonly Electronics Holdings Limited (''Tonly Electronics''; HKEX stock code: 1249), with major consumer products including: color TV, mobile phone, air conditioners, refrigerators, washing machines, small appliances and so on.Currently, TCL has formed five industry groups of TCL Electronics, TCL Communication, CSOT, TCL Home Appliance and Tonly Electronics, as well as System Technology Business Division, Techne Group, Emerging Business Group, Investment Group, Highly Information Industry, Financial Business Division and other business segments.  TCL was founded in 1981. After 30 years of development, TCL has rapidly developed to be the leader of China's electronic information industry from the start, in the trend of China's reform and opening up, with dedication and innovation.  In 2014 TCL brand value is 66.859 billion yuan, continuing to be the first brand of Chinese color TV industry.  TCL Technology technological innovation system is composed of Industrial Technology Research Institute, Technology Center, as well as 28 R & D centers of subordinate industries. Currently, it has nearly 5,300 high-quality R & D personnel in the world, of which the staff with middle and senior technical title accounts for 42%, with more than 7000 sets of development software, instruments and equipments at international advanced level; over 100,000 square meters of R & D office; nine labs accredited and certified by CNAL national product; six joint laboratories with internationally renowned companies; one postdoctoral station. In 2013, the Group is expected to invest 2.3 billion yuan in R & D.  TCL Technology is one of the few global enterprises with multimedia, mobile communications and 8.5-generation LCD panel. The company will give full play to synergies in products, research and development and management of TCL Electronics, TCL Communication and CSOT by integrating resources, and actively seek substantive breakthroughs in intelligent products, cloud computing and network technology applications, operating systems and application software and new display technologies, continue to strengthen the strength and thickness of technological innovation to enhance the overall competitive advantage of the company and TCL brand in the international consumer electronics industry.  TCL Technology has formed the technology research and development system managed by the Group’s Technology and Patent Management Committee, with core technology research and development led by the Industrial Technology Research Institute, the technology center as management platform, and composed of 23 R & D institutions worldwide.  TCL’s Industrial Technology Research Institute is directly under TCL headquarters, which are both the central R & D department and incubator of TCL core technologies. Around the two strategic directions of ''3C Integrated Digital Home Systems and Infrastructure Software Platform Development'' and ''new display technology'', the Institute focuses on the research of intelligent terminal technology, digital video and algorithm-based software technology platform, cloud framework and cloud computing, innovative products and services, relying on user experience research, to continue the exploration and development of new products and technologies.

<div>  <p>    TCL Technology is a Chinese multinational electronics company founded in 1981. Headquartered in Huizhou, Guangdong Province, TCL specializes in the research, development, manufacturing, and distribution of consumer electronics products such as televisions, mobile phones, air conditioners, washing machines, refrigerators, and small appliances. Renowned for its innovative and high-quality products, TCL has a significant global presence, serving customers in over 160 countries and regions. The company is also a prominent player in the LCD panel industry, contributing to advancements in display technology. TCL is committed to delivering smart and connected experiences to enhance modern living.  </p>  <p>  </p></div>

TCL Technology's H1 Net Profit Up 192.3% Y/Y

Technologies bringing about a new reality

Extended Reality

Companies developing XR headsets and relevant sub-components (displays, sensors, and processors). Also includes complementary XR hardware (tracking devices, haptic vests, and gloves)

Companies offering engines that enable the development of AR/VR content, also includes companies offering capabilities to capture and create 3D images for immersive environments

Companies offering AR/VR solutions or toolkits for specific industry applications, including VR game developers

Companies offering location-based AR/VR experiences

Next-gen Displays

Companies that develop displays with versatile form factors that are bendable/foldable

Companies that develop displays that can project 3D images in mid-air, without requiring any special glasses or viewing devices

Companies that develop displays that are designed to mimic the appearance of ink on paper

Companies that develop displays that can be integrated into AR/VR headsets or smart glasses. This also includes transparent displays that can display information while maintaining transparency

Companies that develop displays that are alternatives to more traditional LED/LCD technology. They cover a range of light-emitting technologies including OLED, QLED, and MicroLED

Companies that develop displays that can provide tactile or haptic feedback to users, simulating the sensation of touch

Companies that develop displays that are ideal for ultra-short throw (UST) projectors that require limited space and wide viewing angles

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<div>
 <p>The AI-driven company, Wearable Devices, has formed a partnership with RayNeo, a subsidiary of TCL, to develop neural interface AR glasses. The collaboration aims to incorporate Wearable Devices' neural gesture control technology with the AR glasses RayNeo produces. This integration would allow hands-free, gesture-based interactions in both augmented and mixed reality settings.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> The news follows Wearable Devices launching its Mudra LINK neural interface wristband in <a href="https:<br>
//sp-edge.com/updates/31620"> July 2024 </a> , which utilizes Surface Nerve Conductance (SNC) sensors to detect electrical signals from nerves and translate them into digital commands. The company is likely to continue pairing its wristband with other AR glass manufacturers to broaden revenue streams.</p>

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