Withdraw from the North American market? TCL's response breaks the rumor

According to the Securities Times, a few days ago, Korean media reported that TCL has been removed from large stores in the United States, and its sales may lose 40%. Samsung Electronics and LG Electronics are expected to benefit from this. In response to this rumor, TCL Electronics responded that it was "false news."

The Securities Times learned from a source close to TCL Electronics that "the above report is false. The company solemnly declares that it has no plans to withdraw from North America or other markets, and its business development in North America is proceeding as planned."

TCL Electronics said that TCL brand products are very popular among consumers in the North American market and are in short supply in major retail channels. The report that "TCL brand TVs are being quickly removed from shelves" is not true. At present, the sales of some specific categories of products have exceeded the company's expectations, resulting in temporary shortages in a small number of offline stores in North America. There is absolutely no such thing as removal from shelves.

TCL Electronics said that the company has been developing in the North American market for many years, and its business development in North America is currently proceeding in an orderly manner. In the future, its business strategy for the North American market will remain unchanged and will be further strengthened. It will gradually introduce more products to the North American market as planned to further increase its market share and brand influence in North America.