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Sony & TCL's Bravia Inc.: New Home Entertainment Powerhouse

Published 1 week, 3 days ago
Description

Sony and TCL form Bravia Incorporated, a joint venture with TCL holding a 51% stake. Sony spins off its home entertainment arm, retaining 49%. The venture takes over Sonys research, design, manufacturing, and support for Bravia TVs and related products. TCLs acquisition of Sonys Malaysian manufacturing sub and potential Shanghai one, along with the joint venture, aims to provide better value for viewers worldwide.

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