Market Insight

TCL Chip Spending Hike Fueled by Solid Smartphone Performance

July 28, 2015  | Subscribers Only

Chee Seng Tan Chee Seng Tan Analyst, Semiconductor Value Chain

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For the past three years, sales of TCL handsets have been growing rapidly thanks to rising proliferation of smartphones in the emerging markets. The Chinese vendor’s smartphone shipments are expected to jump 39% to 54.9 million units this year with strong growth emerging from low penetration regions like Latin America, Asia Pacific, and the Middle East. Building on this growth momentum, IHS forecasts that TCL will emerge as the top-8 OEM in global smartphone shipments this year. 

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