TCL Technology 2022 revenue of 166.6 billion yuan growth of 1.8%


TCL Technology recently released its 2022 annual report. In 2022, TCL Technologies achieved operating revenue of RMB166.55 billion, an increase of 1.8%; net profit of RMB1.79 billion and net profit attributable to shareholders of listed companies of RMB260 million; net operating cash flow of RMB18.43 billion.

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In 2022, the semiconductor display industry boomed down, product prices fell significantly, the semiconductor display business achieved an operating revenue of 65.72 billion yuan, and shipments and market share steadily increased.

In the large-size segment, TCL China Star Optoelectronic Technology has consolidated its position in the TV market with its high-end product strategy, and its TV panel market share is firmly in the top two globally. Vigorously develop interactive whiteboard, digital signage, splicing screen, and other commercial display business, in the 8K and 120HZ high-end TV, interactive whiteboard field shipments of the world's first.

The report shows that TCL Technology will invest 10.78 billion yuan in R&D in 2022, an increase of 22.9% year-on-year, and will file 659 new PCT international patent applications, with a total of 14,741 applications.

According to the report, TCL Technology's technological level in the fields of semiconductor display, new energy photovoltaic and semiconductor materials has ranked among the world's top, and the number of patent applications for quantum dot electroluminescence technology and materials reached 2,244, ranking second in the world.