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EQS-News / 03/08/2017 / 18:24 UTC+8
*TCL Speeds Up Technological Innovation by
Collaborating with HKU, HKUST and CUHK on R&D
* * *
Launches OLED Laboratory and Develops A.I. High-end Technologies*
(3 August 2017, Hong Kong) *TCL Corporation* ("TCL Corporation", Shenzhen
Stock Exchange: 100.SZ), and *TCL Multimedia Technology Holdings Limited*
("TCL Multimedia", HKSE stock code: 1070.HK) announced the R&D collaboration
with the top three universities in Hong Kong. TCL Corporation held an
opening ceremony of the "HKU-TCL Joint Laboratory for New Printable OLED
Materials and Technology" at the University of Hong Kong ("HKU") yesterday
morning, and signed strategic cooperation agreements with the Hong Kong
University of Science and Technology ("HKUST") and the Chinese University of
Hong Kong ("CUHK"), respectively, in the afternoon at the Hong Kong Science
and Technology Parks ("HKSTP"). Mr. Li Dongsheng, Chairman of TCL
Corporation and TCL Multimedia, Mr. Tan Tieniu, Vice Minister of Liaison
Office of the Central People's Government in the Hong Kong S.A.R., Professor
Peter Mathieson, President and Vice-Chancellor of HKU, Professor Tony Chan,
President of HKUST, Professor Benjamin Wah, Acting Vice-Chancellor of CUHK,
Mr. Albert Wong, CEO of HKSTP, Mr. Zhong Hai, Deputy Director of Science,
Technology and Innovation Commission of Shenzhen Municipality, along with
management of the universities attended the ceremonies.
As a global smart product manufacturing and internet application service
enterprise, TCL Corporation firmly adheres to the developmental strategy
that the corporation's progress is driven by the innovation of technology,
and actively constructs an industry and technology blueprint to promote the
corporation's sustainable development. In 2014, TCL set up the TCL Hong Kong
Research and Development Centre ("TCL HK R&D Centre") to capitalize on Hong
Kong's geographical advantages and the aggregation of international talents
in the territory, enhancing its overall technological innovation and
development of the Group.
Due to its position as an international and technologically advanced
metropolitan, Hong Kong has long been included by TCL as part of its domain
in the strategic plan. It has initiated a series of specialised R&D projects
with various local universities. The "HKU-TCL Joint Laboratory for New
Printable OLED Materials and Technology", and the strategic partnerships
with HKUST and CUHK comprise the comprehensive development of R&D,
application of technological results, and talents cultivation in the fields
of Artificial Intelligence ("A.I.") and new display technology. The move
also marks a significant step in the corporation's plan to obtain
international state-of-the-art technologies. TCL intends to leverage the
collaborative model of resource sharing, complementary strengths, mutual
benefits and joint development to actualise the win-win situation of
academic technological innovation and industry application, and accelerate
its progress towards internationalisation.
*Mr. Li Dongsheng, Chairman of TCL Corporation and TCL Multimedia,* said at
the opening ceremony held yesterday morning, "The establishment of this
joint laboratory is a milestone in the development history of TCL's
technological innovation. TCL will invest RMB15 million in setting up of the
laboratory, and provide industrial resources to accelerate the application
of technological results. Utilising the world-class R&D team of the HKU,
coupled with TCL's competitive strengths and innovation in the area of
displays, we will develop OLED core materials with its own intellectual
property rights to break the monopolisation of the international OLED
technology and achieve breakthroughs in the OLED materials industry, thereby
building a sturdy technological foundation for the development of TCL's
display business."
*Chairman Li* remarked at the signing ceremony of the strategic partnership
in the afternoon, "TCL, together with HKUST and CUHK will conduct in-depth
strategic cooperation in the fields of A.I. and new display technologies,
including the commercialisation of technological results, establishment of
joint laboratory, talents cultivation and trainee programme. It will further
promote the technological and cultural exchanges between mainland China and
Hong Kong. I believe that, with collaboration among TCL HK R&D Center and
the three top universities in Hong Kong, we can keep in line with the
advanced international technologies and deliver the leading technological
findings in the fields we corporate, thus achieving the industrial
applications of these results in the near future."
TCL Hong Kong R&D Centre leads a pioneering role in A.I. technologies in
TCL's technological innovation blueprint. Stationed in HKSTP in November
2014, the center has become one of the largest business partners within the
park. Its R&D team will be expanded to 600 to 800 staffs.
*About TCL Corporation*
*TCL Corporation* ("TCL Corporation", SZSE stock code: 100.SZ),
headquartered in China and owned five listed companies, has a full range of
industrial ecological chain that includes a variaty of products comprising
TV, mobile phone, refrigerator and washing machine, air conditioner, small
appliances, LCD panels, etc and conducted businesses in more than 160
countires and regions. TCL Corporation has been crowned as the top TV brand
in China for a consecutive 11 years. It has two 23 research centres around
the globe with over 7,000 R&D staff. Its annual investment in R&D accounts
for more than 4% of the sales income. The R&D investment in 2016 is RMB4.27
billion. A total of 24,669 patent applications are applied including 10,986
of patent licenses and 6,700 of patent applications under Patent Cooperation
Treaty ("PCT"). The amount of patent applications ranked No.4 among China's
enterprises.
*About TCL Multimedia*
Headquartered in China, TCL Multimedia Technology Holdings Limited (HKSE
stock code: 01070) is one of the leading players in the global TV industry,
engaged in the research and development, manufacturing and distribution of
consumer electronic products. Through a new product-and-user-oriented
business model that focuses primarily on a "double +" strategy which
includes "intelligence + internet" and "products + services" as the main
direction, it strives to build a comprehensive ecosystem for smart TVs that
provides users with an exquisite experience with its smart products and
services. The Group ranked No.3 in the global LCD TV market with a market
share of 7.3% in the first quarter of 2017 according to the latest IHS
Technology figures and the Company's shipment data, and ranked No.3 in the
PRC LCD TV market with a market share of 13.6% in the first half of 2017
according to CMM's report. The Group is included in the eligible shares list
of the Shenzhen-Hong Kong Stock Connect. For more information, please visit
its website: http://multimedia.tcl.com.
Picture: http://n.eqs.com/c/fncls.ssp?u=KIQRBNYUHM [1]
Subtitle: TCL cooperates with HKU, HKUST and CUHK
Document: http://n.eqs.com/c/fncls.ssp?u=EDJRNRWSSE [2]
Document title: TCL Laboratory Launch_press release_Eng_Today IR_Final
03/08/2017 Dissemination of a Financial Press Release, transmitted by EQS
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(END) Dow Jones Newswires
August 03, 2017 06:24 ET (10:24 GMT)
