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What Hi-Fi?
What Hi-Fi?
Technology
Joe Svetlik

Sony is close to reaching a $1bn deal with TCL for its TV business, sources say

Sony TCL
Sony Bravia 5 4K TV.

Sony and TCL are close to reaching a deal for the latter to buy the former’s TV division. The deal is said to be worth $1 billion, Bloomberg reports.

Sony and TCL announced the deal in January. At the time, Sony said that the announcement “reflects an initial memorandum of understanding” and that “further details are still under discussion”.

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