Sony to spin off television business into joint venture with China’s TCL Electronics

Sony Corporation will carve out its television business and transfer it to a new joint venture with TCL Electronics Holdings, in a restructuring of the Japanese company’s home entertainment operations.

Under the agreement, the Chinese company will hold a 51 per cent stake, with the remainder belonging to Sony. The new joint venture (JV) is expected to begin operations in April 2027. It will operate the business globally, covering everything from product development and design to manufacturing and sales of televisions and home audio equipment.