TCL Technology, a China-based electronics and display manufacturer, said on October 30 that its revenue for the first nine months of 2026 was 138.7 billion yuan (US$20.8 billion), up 2.03% year on year. Net profit attributable to shareholders rose 68.1% to 5.1 billion yuan (US$769 million).

Its display unit TCL CSOT posted 76.7 billion yuan (US$11.5 billion) in revenue and 5.7 billion yuan (US$858 million) in net profit over the same period. In the third quarter, the unit recorded 26.5 billion yuan (US$3.97 billion) in revenue and 1.8 billion yuan (US$272 million) in net profit.

TCL Technology completed its purchase of a 45% stake in Guangzhou CSOT Semiconductor in August, bringing its direct and indirect ownership to 100%. Its attributable share of profit increased from September.

Samsung Display plans to transfer its 10.16% stake in TCL CSOT to its controlling shareholder Samsung Electronics, which TCL identified as a major customer.

Earlier in 2026, TrendForce said large-size television panel prices rose in early April and that higher chip costs pointed to further monitor panel price increases.

🔗 Source: Security Times

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