Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Wu Yanzu in South China and Mr. Aviation for their clue delivery! CTOnews.com, August 31, TCL Technology Group recently released a report for the first half of 2023, with operating income of 85.149 billion yuan, up 0.74% from the same period last year, and net profit of 340 million yuan, down 48.68% from the same period last year. The main performance table attached by CTOnews.com is as follows:

During the reporting period, TCL semiconductor display business achieved operating income of 35.53 billion yuan, down 4.7% from the same period last year, of which operating income in the second quarter was 20.41 billion yuan, an increase of 18.5% over the same period last year, an increase of 34.9% compared with the previous quarter, and net profit decreased by 2.15 billion compared with the first quarter.

Looking forward to the second half of the year, terminal demand is expected to pick up due to seasonal effects, and the new trend of the on-demand production industry formed under reasonable commercial return demands will promote the balanced development of supply and demand in the industry and the healthy inventory. At present, large-size products show that product prices continue to rise, the prices of some medium-size products have begun to bottom out, and the prices of small-size products have stabilized. Benefiting from the industry trend and the optimization of the company's business structure, TCL is confident that the semiconductor display business will achieve significant improvement in the second half of the year.

In terms of new energy photovoltaic and semiconductor materials business, during the reporting period, TCL Central achieved an operating income of 34.9 billion yuan, an increase of 10.1% over the same period last year, and a net profit of 4.84 billion yuan, an increase of 50% over the same period last year.

TCL Technology said that the company currently has 2 11-generation, 4 8-generation and 2 6-generation semiconductor panel production lines, the second largest production capacity in the world.

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