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China’s TCL to Buy Majority Stake in Sony’s Home Entertainment

TCL Electronics Holdings Ltd. agreed to buy a majority stake in Sony Group Corp.’s global home entertainment business as the Chinese company seeks to expand overseas.

TCL Electronics Holdings Ltd. agreed to buy a majority stake in Sony Group Corp.’s global home entertainment business as the Chinese company seeks to expand overseas.
TCL will pay 75.4 billion yen ($472 million) for a 51% stake in a new joint venture… [347 chars]

Source: Bloomberg | Published: 2026-03-31T12:27:06Z

Credit: Bloomberg

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