On May 31, it was reported that TCL had promised to launch mobile phones equipped with foldable screens as early as February this year, and had already sold the key first step. According to foreign media reports, the company purchased LTPS (low-temperature polysilicon technology) equipment from Japan and South Korea for its factory in Wuhan. It is expected that by the fourth quarter of 2019, the company will start to produce flexible AMOLED panels through the display department of CSOT, and TCL is one of the shareholders of CSOT.
TCL's management expressed confidence that CStar would achieve double-digit annual sales and profit growth. In the first quarter of 2019, the output value of the company's LTPS-LCD reached US $27.2 million (about RMB 188 million), ranking the third in the world among companies with a factory. The company also said that it had reached an agreement with "some top mobile phone manufacturers".
The goal of TCL Group is not only to reorganize the smart phone business, but also to reorganize the smart TV business. Previously, there was a rumor that Huawei would launch smart TV, which was confirmed by industry insiders. They said that Huaxing would produce 65 inch panels to Huawei, while BOE would be responsible for 55 inch panels. Huawei and BOE have cooperated before, and some screens of Mate 20 Pro come from BOE.
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