SAO PAULO, BRAZIL -- (Marketwire) -- 08/16/12 -- TCL Corporation, one of the largest consumer electronics enterprises in China, presents its full line-up of products in the China Sourcing Fair, including smart TVs, mobile phones, air conditioners and small appliances. TCL is the most attractive booth in the Chair Sourcing Fair Sao Paulo. All the visitors are quite interested in TCL's 3D smart TV, Touch Screen TV and Dual-screen smart TV, and some of the local buyers were asking for further meeting with TCL after the Fair.
Meanwhile, On August 15, at the Huizhou Products and Investment Environment Promotion Seminar, TCL signed the strategic contract for the next two years with one of the largest Brazilian electronics enterprises, and the contract value reaches USD 500 million. Under the cooperation, TCL will receive orders of USD 500 million for its multimedia business and USD 60 million for its mobile phone business within the next two years. It proved the significant achievements for TCL's international developing strategy since the year 2005.
"This is one of the most important co operations we have established with our Brazilian partners so far," stressed Li Dongsheng, Chairman and CEO of TCL Corporation. "The huge potential of Brazil's consumer market is of strategic importance for TCL's global development in South America. We look forward to taking our long-term development plans in the Brazil market -- such as the representative office we have set up in Brazil to better serve our valued working partners -- as exemplary models for our future expansion into the South American market."
The CEO of the Brazilian partner said, "We have built and maintained a solid partnership with TCL Corporation since 2005. TCL helps us build up the factory in Manaus and offers us strong technical supports. Today, TCL has become one of the fastest-growing Chinese enterprises in Brazil. We are confident that our strengthened cooperation will greatly boost TCL's business growth in the Brazil and South American markets to bring a win-win outcome for all parties."
TCL Corporation is not a new name to Brazilian consumers. Since its entry into Brazil in 2005, the company sells USD 200 million worth of colour TVs, mobile phones and air conditioners in Brazil every year, and has even worked with a local partner to set up a factory in the country. TCL's mobile business is also highly successful in this region, with Alcatel brand ranking top three in Brazil's mobile phone market. In 2011, TCL has sold out 16.82 million Alcatel mobile phones in Latin America. This number is expected to exceed 30 million by 2013.
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