TCL, a consumer electronics brand, has achieved the No. 1 position in the Panel TV Brand category of the Annual Cumulative Market Share Data from TRS Research. This milestone underscores TCL’s significant presence in the global TV market.
Celebrating 24 years in the Philippines, TCL secured the top spot in both market share value and volume for its core business segment: TCL TVs. The brand also leads the premium TV market, particularly in the QLED segment, as per TRS Research.
On a global scale, TCL ranked second in TV shipments in 2023. Data from the Omdia Global TV sets report shows that TCL shipped 25.26 million units, capturing a 12.5% market share from January to December 2023.
“I am pleased to share that TCL has attained these milestones through the dedication of our team and our quality products,” said Loyal Cheng, CEO of TCL Electronics Philippines.
In addition to its market achievements, TCL has reported a 34% average growth rate across its entire business, driven by the loyalty of Filipino customers.