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Sony Group: $475 Million JV With TCL For Home Entertainment Business
Sony Group has announced a strategic partnership with TCL Electronics Holdings Limited, selling a 51% stake in its home entertainment business for approximately $475 million. This joint venture will house Sony’s Bravia television lineup and home audio products, leveraging Sony’s premium technology and brand equity with TCL’s advanced display technology and manufacturing capabilities. The collaboration aims to enhance competitiveness in the evolving global television market and is expected to begin operations in April 2027.