# television industry
Latest news and articles about television industry
Total: 2 articles found
Konka's Fall: China’s Once-Dominant TV Maker Posts Billions in Losses and Faces Delisting Risk
Konka, once a leader in China’s television market, warned of a RMB 12.58–15.57 billion net loss for 2025 and faces a likely negative net-asset position and possible delisting. Years of shrinking TV sales, sprawling diversification, mounting impairments and governance lapses have culminated in a balance-sheet crisis that China Resources has begun to address but cannot resolve alone.
When Sony Goes to TCL: The End of the Japanese TV Dynasty and a New Chapter in Global TV
TCL and Sony have agreed to form a joint venture in which TCL will hold a 51% controlling stake in Sony’s TV and home‑audio business, reflecting a strategic pivot by Sony away from capital‑intensive hardware and a major upgrade for TCL into the premium TV segment. If completed, the deal would accelerate industry consolidation, deepen vertical integration with TCL’s panel arm, and symbolically mark the end of Japan’s decades‑long dominance of the television market.