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154 China Has Seized Sony's Television Halo

Slashdot
msmash @ Slashdot · today 05:30 EDT

China Has Seized Sony's Television Halo

Sony announced last month that it plans to pass control of its home entertainment division -- including the two-decade-old Bravia television brand -- to Chinese electronics group TCL through a joint venture in which TCL would hold a 51% stake. The Japanese company was long ago overtaken in sales by South Korea's Samsung and LG and now holds just 2% of the global television market. Sony stopped making its own LCD screens in 2011.

Chinese companies supplied 71% of television panels made in Asia last year, a

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