India, Jan. 29 -- On January 20, TCL (TCL Electronics Holdings) and Sony announced they signed an MOU to explore strategic cooperation in the home entertainment sector. This includes plans to form a joint venture that would manage Sony's home entertainment business.

The partnership aims to leverage each company's strengths in branding, technology, and key component supply chains, according to TrendForce's latest insights into the TV industry.

In the short to medium term, Sony is likely to capitalize on TCL Group's strengths in mini-LED supply, moving its premium product lineup more towards mini-LED TVs. In the longer term, Sony might also serve as a key international channel for TCL CSOT's OLED TV panel capacity.

Under the proposed str...