TCL to Take Over Sony TV Business

Sony is set to spin off its TV hardware business into a new joint venture with TCL, with the Chinese company holding a majority stake in the partnership. The move marks a significant shift for Sony’s home entertainment division and sets the stage for TCL to enter the premium television market. Under the terms of the agreement, TCL will contribute its expertise in cutting-edge display technology, while Sony will provide its renowned image processing capabilities. The partnership is expected to drive innovation in future Bravia TV models, which could result in more affordable options with improved performance.