omniture

TCL Multimedia Reported LCD TV Sales Volume up 88.6% Year-on-year Reaching 984,019 Sets in August

TCL Multimedia Technology Holdings Limited
2011-09-08 20:20 2329

Sales volume in the PRC Market and Emerging Market increased by 43.6% and 262.6% year-on-year respectively

HONG KONG, Sept. 8, 2011 /PRNewswire-Asia/ -- TCL Multimedia Technology Holdings Limited ("TCL Multimedia" or "the Group", HKSE stock code: 01070) today announced the sales volume of its TV and AV products for the month of August 2011.

TCL Multimedia's LCD TV sales volume in August 2011 recorded a total of 984,019 sets, up 88.6% year-on-year. Sales volume of the Group's LED backlight LCD TV maintained steady growth from 320,190 sets in July to 387,185 sets in August, accounting for 39.3% of the Group's total LCD TV sales volume.

Leveraging its successful marketing strategy, sales channel optimization and product mix enhancement, along with increasing demand for LED backlight LCD TV in the PRC Market, the Group's LCD TV sales volume in the market increased by 43.6% year-on-year to 570,904 sets in August. Sales volume of Internet TV and 3D TV continued to grow steadily. Sales volume of Internet TV and 3D TV reached 155,670 sets and 37,442 sets, respectively, accounting for 27.3% and 6.6% of the LCD TV sales volume in the PRC Market.

In Overseas Markets, LCD TV sales volume soared 232.6% year-on-year to 413,115 sets in August. The Group continued to step up efforts to promote its LCD TV sales in the Emerging Market, which resulted in a surge of 262.6% year-on-year in the LCD TV sales volume of 292,767 sets in August, recording its second-highest monthly sales this year. Emerging Market has become the Group's largest overseas market in terms of sales volume and has been a new growth driver to its business after the PRC Market.

The Group sold 1,997,010 sets of AV products in August, up 37.8% from the same period of the previous year.

August2011 (Unaudited sales volume)

  2011
August
2010
August
Change (%) 2011
Jan - August
2010
Jan - August
Change (%)
LCD TV 984,019 521,718 88.6% 5,841,707 4,205,239 38.9%
             
Of which:
LED backlight LCD TV
387,185 56,181 589.2% 2,085,986 153,411 1,259.7%
             
CRT TV 362,848 523,590 -30.7% 2,954,340 3,760,098 -21.4%
             
Total TV Sales 1,346,867 1,045,308 28.8% 8,796,047 7,965,337 10.4%
             
AV Products 1,997,010 1,449,249 37.8% 13,064,958 10,361,637 26.1%

About TCL Multimedia

TCL Multimedia Technology Holdings Limited is one of the largest TV manufacturers globally, with products sold all over the world. Headquartered in China, TCL Multimedia operates its manufacturing plants and R&D centres across all major continents. The Group's largest shareholder is TCL Corporation.

Investor & Media Inquiries

For further enquiries, please contact Hill & Knowlton Asia Ltd:

Email: tclmultimedia@hillandknowlton.com.hk

Jonathan Yang
Tel: (852) 2894 6391 / 6373 6676
Hedy Shen
Tel: (852) 2894 6323 / 6764 0631
Source: TCL Multimedia Technology Holdings Limited
collection