TCL’s CSoT Buys Over Samsung Display’s LCD Panel Patents And Takes Over Its LCD Plant in China

TCL reinforces its commitment to “Inspire Greatness” around the globe with its worldwide presence in over 160 countries, including 28 established R&D centres dedicated to industry-leading innovation. As one of the world’s leading consumer electronics brands, TCL has been setting new standards for consumers with its technologies, stylish designs and high-quality products for over 40 years.

In the latest move to secure its foothold on the global market, TCL’s manufacturing arm CSoT (China Star Optoelectronics Technology) had acquired 577 U.S. patents regarding LCD (liquid crystal display) technology from Samsung Display in August 2022.

CSoT had also taken over an LCD factory in Suzhou, China from Samsung Display in 2020. Samsung Display reportedly sold over 2,000 patents relating to LCD technology globally, effectively making TCL’s CSoT one of the world’s largest LCD panel manufacturers.

A big step forward for TCL

TCL was the first to introduce LCD TVs with a miniLED backlight in 2019. CSoT’s acquisition of LCD patents from Samsung Display signifies a shift of power in the global TV market, putting TCL at the forefront of LCD TV development.

This also came in conjunction with the rising demand for TCL TVs in the global market, reinforcing the Chinese electronics giant, TCL as a leading player in the TV industry.

TCL has won several honours at the EISA (Expert Imaging and Sound Association) Awards this year for its exemplary commitment to the industry. Among other awards, TCL’s C835 4K Mini LED TV was awarded the “Premium Mini LED TV 2022-2023” and the C735 4K QLED TV was awarded the “Best Buy TV 2022-2023” as a seal of quality for their innovative technologies and stylish design.

What does it mean for the consumers

TCL has established itself as a promising global TV brand on the up and up that can stay relevant and competitive in the ever-changing market. With this ambitious move by TCL, consumers can expect to see the global TV brand continues to get more dominance and authority in the industry.

Check out TCL's latest collection of Mini LED, QLED and Google TV here: https://www.tcl.com/sg/en/tvs?