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Sony And TCL JV Talks Put Focus On Home Entertainment Valuation
Sony Group and TCL Electronics have signed a memorandum of understanding for a potential global joint venture covering Sony's TV and audio home entertainment business.
The MOU includes an exclusivity agreement and contemplates brand licensing and operational integration across key consumer electronics markets.
The arrangement would see the joint venture assume Sony's home entertainment operations, if finalized after further negotiations and approvals.
For investors watching Sony Group,...