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TCL Communication's Q1 2011 Shipments of Handsets and Accessories Jump 51% YOY

TCL Communication Technology Holdings Limited
2011-04-13 20:03 2665

Sustained growth in sales momentum

HONG KONG, April 13, 2011 /PRNewswire-Asia/ -- TCL Communication Technology Holdings Limited ("TCL Communication" or "the Company", together with its subsidiaries referred to as "the Group"; HKSE stock code: 02618) today announced its unaudited handsets and accessories shipment figures for the month of March and the first quarter ended 31 March 2011.

Total sales volume of handsets and accessories reached 3,211,981 units in March 2011, up 42% from the same period last year, while sales in overseas markets surged 48% year-on-year to 3,015,503 units. For the first quarter of this year, the cumulative sales volume of handsets and accessories was up 51% year-on-year to 8,714,926 units, and the sales volume in overseas markets increased 56% from the same period last year.

The Group was able to sustain growth in the sales momentum of its handsets and accessories because of the Group's geographical expansion into new and high potential markets globally, the continued success of its "Step-up" product strategy, stronger brand and more robust development of the Original Design Manufacture business. The Group engages in the design, manufacturing and marketing of a variety of mobile handsets and accessories with its proven "Step-up" product strategy. In March 2011, the ONE TOUCH 818 and the ONE TOUCH 355 PLAY won the "Red Dot Award: Product Design 2011", the highest honor of the design industry and an internationally recognized seal for excellence in creativity and design quality. Moreover, this distinction definitely implies that the appearance and quality assurance of the Group's products are of the highest standards. This is another prestigious award from the international design industry subsequent to the winning of the "iF Industry Design Award". It is evident that the Group's products are undergoing continual innovation while becoming ever more increasingly aesthetic in appearance and more user-friendly in design, and received warm welcome and recognition from both customers and the industry.

Dr. Guo Aiping, Chief Executive Officer of TCL Communication said, "Our robust first quarter sales growth was in line with management's expectations. In order to accommodate the Group's future business growth, we have also expanded the enhancement of our R&D capabilities. The Group recently entered into an alliance with China Unicom to launch TCL A906, a highly competitive WCDMA mode of 3G smartphone in the PRC market, which is a major step for the Group's strategic development for 3G Android smartphones. Looking ahead, the Group will continue to launch more competitive products and expand its customer base in order to consolidate the existing market. At the same time, the Group will continue to expand its presence in the PRC and emerging markets, which exhibit high growth potential, by providing higher quality user experience to our customers."

Handset and Accessories Sales Volume (Unaudited Data)

Units  March
2011 
March
2010 
YoY
Change
(%) 
Jan-Mar
2011 
Jan-Mar
2010 
YoY
Change
(%) 
Total  3,211,981  2,266,826  +42%  8,714,926  5,788,613  +51% 

Sales volume data is also available at the Company's website: http://tclcom.tcl.com .

About TCL Communication

TCL Communication Technology Holdings Limited (stock code: 02618), together with its subsidiaries design, manufacture and market an expanding portfolio of mobile and internet products worldwide under two key brands - TCL and ALCATEL ONE TOUCH. The Group's portfolio of products is currently sold in the PRC and over 120 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific. TCL Communication operates its highly efficient manufacturing plants and R&D centres in various provinces of the PRC with headquarters in Shenzhen, China. For more information, please visit its website at http://tclcom.tcl.com .

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

Email: tclcomm@hillandknowlton.com.hk   
Agnes Suen Bianca Tse
Tel: +852-2894-6251 / +852-9050-5406 Tel: +852-2894-6319 / +852-9363-7702
Source: TCL Communication Technology Holdings Limited
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