After Europe, rest of the world

TCL's electronics ventures abroad, cooperation pacts pay off, netting 50% of revenue

Encouraged by success in Europe, Chinese consumer electronics major TCL Corp is stepping up efforts to expand its presence the world over, particularly in Russia, the Middle East and Africa.

Nearly 50 percent of its revenue already comes from outside China. Overall sales rose 8 percent year-on-year to 52.2 billion yuan ($8 billion) in the first half of this year, generating a profit of 1.66 billion yuan, up 111 percent.