TCL Reports 36.9% YoY Growth in Smart TVs 65 Inches and Larger

First-half revenue at TCL Electronics declined 3.6% year over year to 33.68 billion Hong Kong dollars ($4.29 billion), said the company in interim results released Friday. Global TV sales volume “was under pressure” in the first half, due to “intensifying geopolitical tensions” and repeated COVID-19 outbreaks, said TCL. Industry TV shipments worldwide fell 4.3% year on year in the first quarter to 49.07 million sets, it said, citing Omdia data. It gave no TV sales breakout for Q2. Global sales volume of TCL smart screens reached 10.15 million TVs in the first half, including 36.9% year-over-year growth in screens 65 inches and larger to 1.53 million sets, it said.