TCL Communication Records Strong Smartphone and Tablet Growth in Q3 2021
HONG KONG, Nov. 24, 2021 /PRNewswire/ -- TCL Communication recorded a strong third quarter with steady growth in both smartphone and tablet markets, according to the latest IDC Quarterly Mobile Phone Tracker, Q3 2021(IDC).
TCL's smartphone shipments increased in North America in the third quarter, bringing the company's regional ranking to fourth place. In Canada, TCL moved up to the Top 3 with a YoY shipment volume increase of 12.3% and YoY sales revenue increase of 180.9%.
TCL fuelled the smartphone growth by delivering great products at competitive price points and raising brand awareness through marketing initiatives and support from our partners and customers.
"TCL is committed to bringing 5G for All through a wide range of products and price points," said Aaron Zhang, Chief Executive Officer at TCL Communication. "We have invested more than 1 billion USD in R&D, including the creation of dedicated 5G labs. Through partnerships with more than 80 carriers in 160 countries, TCL is delivering on its mission to provide lightning fast, affordable yet powerful and reliable 5G for everyone to enjoy a smarter home and life."
In the global tablet market, despite the overall market decline due to supply constraints, TCL Communication's tablet shipment in Q3 increased by 15.4% year-on-year, placing the company among the top 5 Android tablet makers. TCL Communication has the largest increase among these manufacturers, thanks to the strategic cooperation with core supply partners to ensure supply and meet the delivery of major customers.
In the North American market, TCL's tablet shipment surged 73% in the third quarter compared with the previous quarter, ranking first among the Top 5 vendors in terms of growth rate.
TCL forecasts its recently launched TAB Pro 5G in the United States will drive more sales and growth in the next quarter. In addition, the company will have multiple new tablets and 5G smartphones announced at the upcoming CES 2022 in January.
About TCL Electronics
TCL Electronics (1070. HK) is one of the world's fastest-growing consumer electronics companies and one of the world's leading television and mobile device manufacturers (TCL Communication is a wholly-owned subsidiary of TCL Electronics). For nearly 40 years TCL has operated its manufacturing and R&D centers worldwide, with products sold in more than 160 countries throughout North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. TCL specializes in the research, development, and manufacturing of consumer electronics ranging from TVs, mobile phones, audio devices, and smart home products as part of the company's "AI x IoT" strategy. For more information on TCL mobile devices, please visit:http://www.tcl.com/global/en.html.
TCL is a registered trademark of TCL Corporation. All other trademarks are the property of their respective owners. Alcatel is a trademark of Nokia used under license by TCL Communication.
SOURCE TCL Communication Technology Holdings Ltd.