TCL subsidiary to boost stake in semiconductor display arm

TCL CSOT, a subsidiary of TCL Technology Group Corp, plans to acquire a 10.7656% stake in a semiconductor display technology company for 6.045 bn yuan. This transaction will raise TCL Technology Group Corp's total control in the company to 94.9761% from the current 84.2105%, expecting to improve profitability.

The valuation of the semiconductor display technology company’s total shareholder equity was assessed at 56.155 bn yuan as of June 30, 2025. In 2024, the company reported total assets of 68.04 bn yuan, net assets of 44.85 bn yuan, operating revenue of 24.158 bn yuan, and a net profit of 2.807 bn yuan. For the first half of 2025, it posted operating revenue of 12.023 bn yuan and a net profit of 1.709 bn yuan.

This acquisition is designed to strengthen TCL Technology Group Corp's core business in semiconductor displays, bolster its competitive edge, and enhance shareholder returns. The transaction, approved by the company's board, does not require shareholder approval.