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TCL Electronics (01070.HK) Global TV Shipment and Sales Revenue Maintain High Growth in 2025Q1

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Continued Product Mix Optimisation Yields Over 230% YoY Expansion in Global Shipment of Mini LED TV

HONG KONG, April 27, 2025 /PRNewswire/ — TCL Electronics Holdings Limited (“TCL Electronics” or the “Company”, 01070.HK) today announced its global TV shipment data for the first quarter of 2025. Driven by the dual-brand strategy of “TCL + Falcon” and the intensified execution of its “mid-to-high-end and large-screen” positioning, alongside sustained advances in product competitiveness complemented by Mini LED, QLED, AI and other cutting-edge technologies, the Company achieved a solid start to the year. The global shipment of TCL TV reached 6.51 million sets, representing a year-on-year (“YoY”) increase of 11.4%. Benefitting from the increase in the shipment proportion of large-screen and high-end products, the sales revenue of TCL TV increased by 22.3% YoY in the first quarter.

Technological Advancements Elevate Competitive Positioning, Large-Screen and Mid-to-High-End TVs Gain Further Global Popularity

Capitalising on the global shift towards large-screen and high-end products, TCL Electronics has driven significant growth in the shipment of large-screen and high-end product series. In the first quarter of 2025, the global shipment of 65-inch and above TCL TV grew by 33.0% YoY, with its shipment proportion rising by 4.5 percentage points to 27.7%. The global shipment of 75-inch and above TCL TV exhibited even more pronounced acceleration, surging by 41.6% YoY, with the corresponding shipment proportion up by 2.9 percentage points to 13.7%. The average screen size of global shipment of TCL TV increased by 1.9 inches YoY to 53.4 inches.

The Company also continued to deepen its technological infrastructure in high-end display products. Its flagship Mini LED TV is equipped with next-generation features such as the CrystGlow WHVA Panel and All-domain Halo Control Technology, delivering enhanced contrast, minimised reflection, wider viewing angles and seamless screen borders. These innovations significantly enriched picture quality and colour accuracy, greatly enhancing the users’ visual experience. The exceptional consumer response to these innovations has been demonstrated trough robust global market acceptance. In the first quarter of 2025, global shipment of TCL QLED TV rose by 74.9% YoY to 1.33 million sets, while the global shipment of TCL Mini LED TV surged by 232.9% YoY to approximately 0.55 million sets.

Domestic and Overseas Markets Both Record Double-Digit Growth in Shipment While Global Market Share in Multiple Regions Takes the Lead in the Industry

In the PRC market, driven by sustained brand development and technology-led product innovation, TCL TV shipment in the PRC market expanded by 10.8% YoY in the first quarter of 2025. Meanwhile, the strategy of focusing on large-screen and mid-to-high-end products has yielded remarkable results, with continuous improvement in the product structure. Notably, the shipment of 65-inche and above TCL TV grew by 18.3%, rising by 3.5 percentage points to 54.7% of total domestic shipment, while the shipment of 75-inch and above TCL TV rose by 21.0% YoY, with the proportion of shipment increasing by 3.0 percentage points to 34.9%. The shipment of TCL Mini LED TV has surged by 341.1% YoY, with its shipment proportion substantially increasing by 13.2 percentage points to 17.6%. In the first quarter of 2025, the market share in terms of retail sales revenue and retail sales volume of TCL TV in the PRC market rose to 23.1% and 22.1%, respectively, both ranking among the top two in the PRC market[1]. Continuous improvement of the product mix has driven the further increase in sales revenue.  In the first quarter, the sales revenue of TCL TV in the PRC market increased by 35.4% YoY, and the average selling price rose by 22.2% YoY.

In terms of the international market, TCL officially announced that it had become a Worldwide Olympic Partner in February 2025, marking a significant milestone in enhancing its global brand awareness and influence. TCL will deliver comprehensive technological infrastructure, advanced product solutions and specialised professional services to support Olympic Games operations across multiple smart device categories such as TVs, air conditioners, refrigerators and washing machines. This strategic partnership, coupled with precise sports marketing deployment, strategic event sponsorship and a systematic construction of its global customer management system, further strengthened global marketing effectiveness. In the first quarter of 2025, TCL TV shipment in international market grew by 11.6% YoY. The shipment of large-screen TV showed particularly strong YoY momentum, with 65-inch and above TCL TV increasing by 48.5% YoY and 75-inch and above TCL TV surging by 86.8%. The significant rise of the shipment of large-screen TCL TV stimulated the sales revenue of TCL TV in the international market increasing by 17.2% YoY.

By region, the European market has achieved rapid breakthrough by precisely laying out regional channel networks through a “one-country-one-policy” approach. The shipment of TCL-branded TV in the European market increased by 15.8% YoY, with the shipment of 75-inch and above TCL TV surging by 74.4%. TCL TV ranked among the top two in retail sales volume in France, Poland and Sweden[2], while ranked third in Spain, Romania, Greece, and the Czech Republic[2]. In emerging markets, encompassing Asia-Pacific, Latin America, and the Middle East and Africa, further optimisation of the sports marketing matrix and continued upgrades to sales and retail channels led to a 18.8% YoY rise in the shipment of TCL TV, with the shipment of 75-inch and above TCL TV surging by 100.5%. TCL TV secured the No.1 position in retail sales volume in Australia and the Philippines, and ranked among the top two in Brazil, Pakistan, Saudi Arabia, Thailand and Myanmar, while ranked third in Argentina, Vietnam, and South Korea[2]. In North America, the Company has strategically pivoted to focus on mid-to-high-end distribution channel penetration. While this recalibration resulted in a modest 3.8% YoY decline in TV shipment, the implementation of mid-to-high-end strategy has yielded significant results in the large-screen segments. The shipment of 75-inch and above TCL TV increased by 79.3% YoY, with its shipment proportion rising by 5.8 percentage points to 12.5%. TCL TV maintained a top-two retail market share in the United States[3].

Harnessing enduring winds with steadfast resolve, and soaring ever higher with bold ambition. TCL Electronics will continue to pursue its strategy of “Lead with Brand Value, Excel in Global Efficiency, Drive with Technology, Thrive on Global Vitality”. The Company remains strategically aligned with its consumer-centric value creation imperative, adhering to its mid-to-high-end development roadmap through continuous refinement of its product portfolio, accelerated research and development investment, precision-calibrated regional strategies and enhanced global localisation, as it advances resolutely towards becoming a truly global leading enterprise.

TV Shipment Data for the First Quarter of 2025 (unaudited)

Unit: Set

2025 Q1

2024 Q1

Large-sized display – Global Shipment of TCL TV

6,507,078

5,840,635

– Proportion of 65 inches and above TCL TV by global shipment

27.7 %

23.2 %

       – Proportion of 65 inches and above TCL TV by shipment in the PRC market

54.7 %

51.2 %

       – Proportion of 65 inches and above TCL TV by shipment in the international market

19.6 %

14.7 %

– Proportion of 75 inches and above TCL TV by global shipment

13.7 %

10.8 %

       – Proportion of 75 inches and above TCL TV by shipment in the PRC market

34.9 %

31.9 %

       – Proportion of 75 inches and above TCL TV by shipment in the international market

7.3 %

4.4 %

– Proportion of TCL Mini LED TV by global shipment

8.8 %

3.0 %

       – Proportion of TCL Mini LED TV by shipment in the PRC market

17.6 %

4.4 %

       – Proportion of TCL Mini LED TV by shipment in the international market

6.0 %

2.5 %

About TCL Electronics

TCL Electronics Holdings Limited (01070.HK, incorporated in the Cayman Islands with limited liability) was listed on the mainboard of the Hong Kong Stock Exchange in November 1999. It is engaged in display business, innovative business and internet business. TCL Electronics actively transforms and innovates under the strategy of “Lead with Brand Value, Excel in Global Efficiency, Drive with Technology, Thrive on Global Vitality”. Focusing on the mid-to-high-end markets around the world, the Company strives to consolidate the “Intelligent IoT Ecosystem” strategy and is committed to providing users with an all-scenario smart and healthy life while developing into a world-leading smart technology company. TCL Electronics is part of the Shenzhen-Hong Kong Stock Connect program and is included in the Hang Seng Stock Connect Hong Kong Index, the Hang Seng Composite MidCap & SmallCap Index and the Hang Seng Corporate Sustainability Benchmark Index. Besides, it has received Hang Seng Index’s ESG rating of A for consecutive years since 2018.

For more information, please visit the investor relations web page of TCL Electronics at   http://electronics.tcl.com or follow the Official Account of TCL Electronics investor relations.

[1] Data Source: Retail sales revenue and retail sales volume of TV brand of the first quarter of 2025 in the PRC market from CMM’s omni-channel data.

[2] Data Source: Retail sales volume in January 2025 to February 2025 from GfK.

[3] Data Source: Retail sales volume in January 2025 to February 2025 from Circana.

 

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SOURCE TCL Electronics Holdings Limited

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MindHYVE.ai™ and Islamabad Diagnostic Centre Forge Strategic Alliance to Launch AGI-Powered Diagnostic Intelligence Across Pakistan

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ISLAMABAD, May 22, 2025 /CNW/ — In a groundbreaking move to elevate clinical diagnostics nationwide, MindHYVE.ai™, a U.S.-based pioneer in orchestrated agentic AI and swarm-intelligent systems, has signed a formal Memorandum of Understanding (MoU) with Islamabad Diagnostic Centre (IDC). The collaboration will see the deployment of Chiron and Ava-AutoNarrator™—two proprietary, AGI-powered agents—across IDC’s core diagnostic workflows.

Initially launching at flagship centers in Islamabad (F-8 Markaz) and Lahore (DHA Phase 4), the pilot will introduce a multi-agent diagnostic intelligence layer, enhancing decision precision, speed, and reproducibility in radiology and laboratory services.

“This isn’t just AI—it’s agentic intelligence in action,” said Belal Faruki, Founder & CEO of MindHYVE.ai™. “By fusing swarm intelligence with domain-specific reasoning models, we’re equipping clinicians with AI collaborators that learn, adapt, and elevate patient outcomes—ethically and transparently.”

Key Innovations:

Chiron – A medical diagnostic reasoner, part of MindHYVE.ai™’s Ava-Agent architecture, performs pre-diagnostic inference and real-time anomaly detection across radiological and laboratory datasets.Ava-AutoNarrator™ – A semi-autonomous narrative generation agent, trained on clinical ontologies, that synthesizes structured reports aligned with ICD and HL7 standards.Agentic Coordination Layer – MindHYVE.ai™’s Swarm AI Framework orchestrates agents in real-time—enabling self-organization, priority optimization, and contextual reasoning across patient records.Secure PACS/LIS Integration – Seamless, encrypted integration with IDC’s Picture Archiving and Communication Systems (PACS) and Laboratory Information Systems (LIS).

Three-Phase Rollout Strategy:

Phase 1 – Ground Launch: Initial deployment, radiologist/lab team onboarding, and system calibration.Phase 2 – Reasoner Tuning: AGI model refinement, cross-clinic feedback loops, and clinical data harmonization across 5–7 IDC locations.Phase 3 – Nationwide Readiness: DRAP-compliant licensing, agent swarm scaling, and full-stack intelligence across IDC’s 130+ branches.

Ethical Intelligence Commitment

All systems will be governed under MindHYVE.ai™’s Ethical AGI Protocol, including:

Human-in-the-loop validationEncrypted patient data pathwaysCollaborative oversight with DRAP and PNACExplainable diagnostic decisions using Ava-Fusion™ reasoning models

“MindHYVE.ai™’s orchestrated AGI reflects our vision of scalable, accessible diagnostics,” said Dr. Rizwan Uppal, Founder & CEO of IDC. “This alliance ushers in a new era of intelligent healthcare, anchored in ethics and excellence.”

About MindHYVE.ai™

Headquartered in Newport Beach, California, MindHYVE.ai™ builds domain-specific AGI agents, multi-agent orchestration systems, and the Ava-Fusion™ family of reasoning models—driving intelligent transformation in diagnostics, infrastructure, and national systems.

Website: www.mindhyve.ai | Email: hello@mindhyve.ai | Contact: +1 (949) 200-8668

Media Contact
Marc Ortiz
Email: marc.ortiz@mindhyve.ai

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SOURCE MindHYVE.ai, Inc.

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Korean Megahit Shampoo, Grabity, Launches in Taiwan “Just wash your hair–and it’ll look thicker.”

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The K-beauty shampoo developed by a world-renowned scientist from MIT has become a hot topic following its launch on Taiwan’s Momo Home Shopping channel

Clinically proven: one use increases hair thickness by 19.22% and volume by 87.27%

100% vegan formula, Dermatest “Excellent” rating, eco-friendly packaging—epitomizing clean beauty

TAIPEI and SEOUL, South Korea, May 23, 2025 /PRNewswire/ — The Korean hair loss care brand Grabity, co-developed by world-renowned MIT scientist Professor Haeshin Lee and researchers from KAIST (Korea Advanced Institute of Science and Technology), officially launched in Taiwan on May 22 through Momo TV Shopping, where it received an explosive response—selling out mostly during its debut broadcast.

The live show aired at 8 PM on the 22nd, hosted by Sharon Tsui, a prominent Momo TV Shopping personality. Tsui emphasized the product’s scientific backing throughout the segment. The entire stock exhausted shortly in record time, and both Momo’s website and customer service center were soon overwhelmed with restock inquiries.

Grabity Shampoo features a high concentration of KAIST’s patented active ingredient, LiftMax 308™, a polyphenol-based complex that forms a protective barrier on hair strands to reduce damage. Clinical trials have proven that a single use increases hair thickness by 19.22% and volume by 87.27%.

Its delivery and sustained-release mechanisms were published in the peer-reviewed international journal Advanced Materials Interfaces, offering strong scientific validation.

Grabity is formulated with a 100% vegan blend using EWG Grade 1 ingredients and has earned an Excellent rating from Germany’s Dermatest, fully aligning with the rising global demand for clean beauty. The shampoo is also packaged in sustainable containers made from recycled coconut shells.

Since its launch in Korea just one year ago, Grabity has become a runaway hit—recording over 1.2 million units sold and KRW20 billion (approx. USD15M) in cumulative sales. It famously sold out in just 39 minutes at Korea’s top H&B store Olive Young, with resale prices reaching up to five times retail. Its rapid sellout in Taiwan is seen as a strong signal for further expansion across Asia’s premium beauty market.

A Momo TV Shopping spokesperson stated, “Grabity is the perfect global partner, offering functionality, a compelling brand story, and a commitment to sustainability. We look forward to bringing more world-class brands to Taiwanese consumers.”

About Polyphenol Factory
Polyphenol Factory was founded in 2023 as a startup by faculty members of KAIST (Korea Advanced Institute of Science and Technology). With a team of world-class scientists and young innovators, the company is commercializing cutting-edge technologies derived from natural polyphenols. With the vision of “innovating everyday life through science,” Polyphenol Factory is driving new waves of change in the global market.

Press Contact:
Anna Lee
yimijin@gmail.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/korean-megahit-shampoo-grabity-launches-in-taiwan–just-wash-your-hairand-itll-look-thicker-302463264.html

SOURCE Polyphenol Factory

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Manulife Shares Responsible AI Principles at Reuters Momentum AI Summit

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Jodie Wallis, Global Chief Analytics Officer, Outlines How Manulife is Using AI Responsibly

C$ unless otherwise stated                                             TSX/NYSE/PSE: MFC     SEHK: 945

TORONTO, May 23, 2025 /PRNewswire/ — Manulife’s Responsible AI Principles were shared during the Reuters Momentum AI Summit in New York last month. These principles guide the design, development, and deployment of Manulife’s Artificial Intelligence (AI) solutions, which includes over 43 GenAI use cases in production, as of Q1 2025, an equivalent amount slated to be deployed across the organization by year end and over 450 ideas in evaluation1.

Manulife’s Responsible AI Principles empower the firm to deliver value from AI for its customers, colleagues and society. With the fast pace of change in AI, Manulife will evolve its Principles as it learns and grows, as the industry matures, and as new or updated regulations emerge. Manulife’s Responsible AI Principles are:

To use data and AI in ways that are aligned to the company’s Code of Business Conduct and Ethics and Impact Agenda.To prioritize the safety of customers, colleagues and organization through sound delivery and governance processes.To endeavor to align AI efforts with a commitment to a sustainable future, by designing energy-efficient AI solutions and partnering with companies who share Manulife’s values.To implement practices intended to make AI solutions and their use of data free from bias, explainable, and reliable, while maintaining the appropriate accountability for decision making.To prioritize human agency and empower our colleagues to use AI tools to enhance their skills and experience, knowing these are crucial for the future.To continually learn from and work with industry partners and AI experts to foster innovation and evolve our commitment to Responsible AI.

“As organizations increasingly rely on AI, being committed to responsible AI use is paramount and Manulife is proud to be a responsible AI steward,” says Karen Leggett, Global Chief Marketing Officer for Manulife. “GenAI is enabling us to better serve our customers, find innovative ways of working, and accelerate our ambition of becoming the most digital customer-centric company in our industry. At the same time, Manulife is taking great care to embed ethical AI principles in every application and workflow.”

______________________________

1 Manulife’s AI team has 450 employee-submitted ideas in queue for review.

Manulife is leading by example as Jodie Wallis, Global Chief Analytics Officer for Manulife, spoke at Reuters Momentum AI Summit in New York, where she, alongside industry leaders, discussed the future of artificial intelligence and its impact on global business. In her remarks, Wallis outlined how Manulife is using AI ethically and responsibly, providing benefits to customers while safeguarding their data and privacy.

“We are committed to harnessing AI responsibly, ensuring it aligns to our core values and supports our mission to make decisions easier and lives better,” says Wallis. “Our AI Principles highlight the importance of ethical adoption, and we are dedicated to cultivating a collaborative environment that tackles the complexities of AI while ensuring it remains safe, trustworthy, and beneficial for all.”

Manulife has been actively investing in and scaling AI capabilities since 2016. In the past three years, the firm has significantly increased the valuei enabled through advanced analytics and AI by expanding its AI solutions portfolio and increasing efficiency through data and AI platform investmentsii, all driven by the company’s responsible AI framework.

As of Q1 2025, Manulife has:

Over 43 GenAI use cases in production and over 450 ideas in evaluationApproximately 200 data scientists and machine learning engineersGlobal access to GenAI tools for all colleaguesA GenAI skills-building program for users, leaders and practitioners

The summit also provided a platform for Wallis to discuss the importance of educating and training colleagues on AI technologies.

“Empowering our workforce with the knowledge and skills to harness AI responsibly is crucial to our success and aligns with our commitment to a productive and ethical use of technology,” says Wallis.

Manulife expects its digital investments and capabilities, including AI-enabled enhancements, to generate a threefold return on investment over five years through 2027, with over $600 million of benefits2 realized in 2024 from our digital customer leadership initiatives globally. To learn more about Manulife’s AI progress, visit: manulife.com/AI

_____________________________________

2 The benefits from our global digital, customer leadership initiatives include expense saves, growth absorption, revenue benefits (margin businesses) and new business CSM growth (insurance). 

Caution regarding forward-looking statements

This document contains forward-looking statements within the meaning of the “safe harbour” provisions of Canadian provincial securities laws and the U.S. Private Securities Litigation Reform Act of 1995 with respect to Manulife’s use of its digital capabilities, including AI and AI-enabled tools, and the expected benefits it expects to realize. Although we believe that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from expectations include but are not limited to general business and economic conditions; changes in laws and regulations with respect to the use of AI-enabled tools; our ability to execute our digital plans and to deploy future digital use cases; our ability to adapt products and services to the changing market; our ability to attract and retain key employees; and our ability to protect our intellectual property and exposure to claims of infringement from others. Additional information about material risk factors that could cause actual results to differ materially from expectations may be found in our most recent annual and interim reports and elsewhere in our filings with Canadian and U.S. securities regulators.

The forward-looking statements in this document are, unless otherwise indicated, stated as of the date hereof. We do not undertake to update any forward-looking statements, except as required by law.

About Manulife  

Manulife Financial Corporation is a leading international financial services provider, helping our customers make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States, providing financial advice and insurance for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2024, we had more than 37,000 employees, over 109,000 agents, and thousands of distribution partners, serving over 36 million customers. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong. 
 
Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com

Media Contact
Gina Simonis
617-840-4794
GSimonis@Manulife.com

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