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Sony Sells 51% Stake In TV Business To TCL, Enters Into A Joint Venture To Manufacture Bravia Sets Sony Electronics has announced an intention to spin off its TV business, with TCL Holdings Electronics Limited assuming charge of the Japanese company’s home entertainment business. The new structure, which will be finalised towards definitive binding agreements by end of March, will mean TCL holds 51% shares while Sony will hold 49% share. This agreement will be applicable in all countries Sony has a business footprint in, covering the complete spectrum from product development and design to manufacturing, sales, logistics, and customer service for products including televisions and home audio equipment. Watch for more! #sony #tcl #china #television #bravia Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx... Now make Mint your preferred source on Google and get business & finance updates first. Add here - https://www.google.com/preferences/so... Subscribe to Mint Premium Now: https://www.read.ht/Scaq Subscribe to Mint's WhatsApp Channel: https://whatsapp.com/channel/0029Va91...