The Chinese company will pay 75.4 billion yen for a 51% stake in the new joint venture Read more at The Business Times.

TCL Electronics Holdings Ltd.’s investment in Sony Group Corp.’s global home entertainment business sets the stage for the ...

TCL Electronics Holdings Ltd. agreed to buy a majority stake in Sony Group Corp.’s global home entertainment business, giving a lift to the Chinese company’s expansion overseas.

In January, the companies announced their intention to set up a home entertainment business joint venture, in which ownership ...

Sony Group Corp. is nearing a binding agreement to sell a majority stake in its home entertainment business to Chinese rival ...

The discussions appear to build directly on a framework outlined in January, when Sony and TCL said they intended to establish a joint venture focused on Sony's home entertainment operations, ...

There is no recent news for this security. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your ...

Sony Group Corp. is close to reaching a binding agreement to sell a majority stake in its home entertainment business to TCL ...