(Photo: Kitja Apichonrojarek)KYODO — Sony Corporation said Tuesday it will spin off its home entertainment business into a joint venture with major Chinese television maker TCL Electronics Holdings Limited as it seeks to boost its global competitiveness. TCL will hold a 51% stake in the venture, with Sony, a wholly owned subsidiary and the electronics unit of Sony Group Corp, holding the remaining 49%. The new company will continue to use the Sony name and the Bravia TV brand for its products. Sony entered the television business in 1960 with the release of the world's first direct-view portable transistor TV. TCL, which ranks second worldwide in TV shipments, has been expanding its global presence with aggressive low-price strategies.

Source: Bangkok Post January 21, 2026 06:31 UTC