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TCL smartphone revenue is expected to expand 30% in 2015

  • Author:Abby
  • Release on:2015-04-09

TCL expects its smartphone revenues to grow 30% on year in 2015, during which it will also begin to push sales of its smartphones in India and Brazil, according to company chairman Li Dongsheng.

Sales of smartphones to overseas markets contributed the most to TCL's earnings recently as the company was able to mass-produce 4G devices in large volume promptly, optimizing on its FDD-LTE IP portfolio, Li said during an interview with Japan-based Nikkei News.

TCL is currently studying the possibility of setting up a handset production base in Brazil, which is likely to become a hot market for smartphones in 2015, Li noted.

TCL's TV business is also expected to rebound in 2015, with overall revenues to grow 18% in the year, Li added.