https://www.digitaltoday.co.kr/news/articleView.html?idxno=622651
Sony TV business to be sold to China's TCL
Sony will spin off its TV hardware business and establish a joint venture with China's TCL. On the 20th (local time), IT media The Verge reported that Sony decided to transfer its TV business to a new joint venture, with TCL holding a 51% stake and Sony holding a 49% stake.
The companies plan to sign a legally binding definitive agreement by the end of March and aim to launch the business in April 2027.