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In 1981, TTK was founded and was manufacturing cassettes. In 1985, a company named as TDK sued TTK for intellectual property violation. Hence, it changed its brand name to TCL (Telephone Communication Limited). During the 1980s, it started manufacturing consumer electronics for the Chinese market. In 2000, it started selling its products in foreign countries. In July 2003, its chairman Li Dongsheng declared a "Dragon and Tiger Plan" in order to establish two competitive businesses in global markets.
In the year 2003, televisions and DVD players were made by TCL and Thomson SA of France cross the world. In April 2004, TCL and Alcatel declared to establish a mobile phone manufacturing joint venture: Alcatel Mobile Phones. In April 2008, Samsung Electronics stated that it will outsource the production of some LCD TV modules to TCL. In November 2009, TCL declared that it had established a joint-venture with the Shenzhen government and will construct an 8.5-generation thin film transistor-liquid crystal display production facility in the city at a cost of $3.9 billion.
In 2014, TCL changed the meaning of its initials. New meaning of its initials was "The Creative Life". In February 2014, TCL bought 11% shareholdings of Tianjin 712 Communication & Broadcasting Co., Ltd. It is a Chinese military-owned company that makes communication devices and navigation systems for the Chinese army. In October 2014, TCL got the Palm brand from HP for use on smartphones. In 2016, TCL signed an agreement with BlackBerry Limited to make smartphones under the BlackBerry brand.
TCL is the producer and seller of many products including television sets, mobile phones, air conditioners, washing machines, refrigerators and small electrical appliances. TCL was the 25th-largest consumer electronics producer in the world in 2010. While in 2013, it became the third-largest television producer in terms of market share.
TCL is organized into five business divisions that include Multimedia (TV sets), Communications (cell phones and MiFi devices), Home Appliances (AC units and laundry machines), Home Electronics / Consumer Electronics (ODM products, like DVD and etc), China Star Optoelectronics Technology (CSOT) (display panels for TV). It also has four affiliated business areas, i.e., real estate and investment, logistics and services, online education, and Finance.
According to TCL, it will provide customers with the products and services with ultimate experience in the coming five years. Among them, it will try to achieve the position of one of the world's top three companies in terms of sales volume of TVs and mobile phones.