
Earlier this week, news broke that rocked the TV industry. Sony is spinning out its TV business and TCL — once a major competitor — will take on a 51% interest in the new company. The details of the deal are still being worked out, with the company eyeing April 2027 as its target operational date.
The Sony and TCL news comes at a time when competition in the TV industry is heating up. Both brands (as well as Hisense, LG and Samsung) are on the cusp of launching RGB LED TVs that are among the first of their kind. Separately, they’re the makers of some of the best TVs you can buy — but for mostly different reasons.