TCL company wants to invest in real estate

(ĐN)- Dong Nai-based TCL electronics is a wholly Chinese invested company with major products including electronics, and televisions including flat screen models. TCL already has a 13 per cent market share in Vietnam.

(ĐN)- Dong Nai-based TCL electronics is a wholly Chinese invested company with major products including electronics, and televisions including flat screen models. TCL already has a 13 per cent market share in Vietnam. The company is looking at a growth target of 15 per cent and also targeting to grab a 15 per cent share of the market in 208. The company has taken steps to cut costs and improve production management while at the same time developing new products meeting the market demands and seeking to export products to foreign markets.

On a recent meeting between TCL leader and the provincial leaders, TCL Vietnam General Director Wang Cheng said his company wants to invest in real estate business. TCL has annual output capacity of more than 250,000 pcs and over 90 per cent of its products are flat televisions.

Reported by N.K