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EQS-News / 12/10/2017 / 20:02 UTC+8
*TCL Multimedia's Sales Volume of LCD TV for the First Three Quarters of
2017
Was up by 11.1% Year-on-year to 16,114,518 Sets
Accumulated Users of Smart TV Reached 21.76 Million
* * * * * *
TCL's Sales Volume in North America for the First Three Quarters Surged by
97.4% YOY
Ranking No.3 *
(12 October 2017, Hong Kong) *TCL Multimedia Technology Holdings Limited
*("TCL Multimedia" or the "Group", HKSE stock code: 01070) today announced
sales volumes of its TV products from July to September 2017 (the "Third
Quarter") and from January to September 2017 (the "First Three Quarters").
TCL Multimedia's LCD TV sales volume for the Third Quarter of 2017 increased
by 9.5% year-on-year to 6,511,126 sets, of which sales volumes of smart TVs
and 4K TVs increased by 19.9% and 26.5% year-on-year to 4,082,170 sets and
1,508,281 sets, respectively. For the First Three Quarters of 2017, LCD TV
sales volume rose by 11.1% year-on-year to 16,114,518 sets, of which sales
volumes of smart TVs and 4K TVs increased by 36.2% and 37.2% year-on-year to
10,201,833 sets and 3,735,201 sets, respectively.
In the PRC market, according to the latest weekly LCD TV market report from
China Market Monitor Co., Ltd. ("CMM"), the accumulative sales volume of
offline TV market declined by 20.7% year-on-year as of 1 October 2017, the
40th week of the year. TCL Multimedia's sales performance was well above the
industry average and its product mix was further improved. The LCD TV sales
volume declined by 10.8% year-on-year to 2,179,592 sets in the Third Quarter
of 2017, of which sales volumes of smart TVs and 4K TVs accounted for 74.0%
(excluding ODM business) and 40.0% (excluding ODM business) of LCD TV sales
volume for the same period, respectively. For the First Three Quarters of
2017, the total LCD TV sales volume dropped by 10.1% year-on-year to
6,046,475 sets, of which sales volumes of smart TVs and 4K TVs accounted for
74.7% (excluding ODM business) and 40.4% (excluding ODM business) of LCD TV
sales volume for the same period, respectively.
In the overseas markets, the Group's LCD TV sales volume grew by 23.7% and
29.5% year-on-year to 4,331,534 sets and 10,068,043 sets, respectively, in
the Third Quarter and the First Three Quarters of 2017, which were mainly
attributable to its strong sales performance in the North American market
and the emerging markets such as Brazil. The sales volume in the North
American market in the First Three Quarters rose significantly by 97.4%
year-on-year. According to the latest market research report from NPD, TCL's
market share in August in the North American market surged to 16.3% from
10.4% in June, and ranked No.3.
The number of activated smart TV users for the First Three Quarters of 2017
operated by Huan was 4,475,385; the number of accumulated users reached
21,764,819 as of end of September 2017; and daily average number of active
users was 9,875,658 (Source: Huan Technology Co., Ltd. ("Huan")).
As an international metropolis, Hong Kong is one of the major international
financial centers in the world. Well-known brands around the world have put
their rooftop billboards on the skyscrapers along the Victoria Harbour. To
enhance the brand marketing strategy, TCL's outdoor brand billboard has made
its re-debut in an eye-catching place along the Victoria Harbour. Through
the internationalisation strategy, TCL has continued to improve the brand
awareness and lead the world's TV industry. According to the IHS Technology
figures for the first half of 2017, TCL ranked No.3 in the global LCD TV
market in terms of shipment.
_-End-_
*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 7.1% in the first half of 2017 according to the latest IHS
Technology figures, 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.
Document: http://n.eqs.com/c/fncls.ssp?u=PATEDNXAJS [1]
Document title: TCL Multimedia(1070)_Q3 Shipment_Release_Eng_20171012_Final
12/10/2017 Dissemination of a Financial Press Release, transmitted by EQS
Group.
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(END) Dow Jones Newswires
October 12, 2017 08:03 ET (12:03 GMT)
