Frbiz.com reports TCL future investment into the field of medical electronics up to 500 million

Done for four years straight, "subtraction", the just-20% or so.
emerged from the haze out of the internationalizationHowever, the medical electronics market in China has
of the TCL Group, to re-start doing "addition."been Philips, GE, Siemens and other foreign giants
Before that, in reading TCL Group (000100.SZ) 2009monopoly, while China's domestic consumer electronics
Nian, when semi-annual report, TCL Group, chairman,companies in the medical electronics field layout is also
president Li Dongsheng once told this reporter that "inalmost zero.
addition to strengthening of the TCL Multimedia andObviously, for the TCL Group, this time with the
TCL Communication's investments, TCL Group, willChinese medical device industry companies work
also try some new investment plans, such as medicaltogether for a joint bigger and stronger cross-sectoral
electronics (mainly of medical testing equipment), homeenterprise provides a new model.
appliance recycling dismantling and other new fields,Li Dongsheng, said, "TCL Group, the recent medical
we have more than 60 billion yuan out of 5% of netelectronics sector goal is to do a solid job of existing
assets if the new investment is also a good choice. "investment projects, and initially formed to support the
Obviously TCL Group has determined to enter newbasis for future industrial development, long-term goal is
areas. Following the September 20 this year, TCLto establish within the group of medical electronics
Group announced in Tianjin and the two major homeindustry and the formation of the industry's
appliances recycling base in Huizhou commenced, itsleading-edge . "
investment in the medical electronics field has alsoCross-sectoral risk
taken a crucial step forward.While there are good market prospects, but also has
Holding Topline APmany favorable factors, but the Orient Securities
October 15, TCL Group, announced recently that it hasanalyst Zhang Ga told reporters, "TCL Group's main
with Beijing Sinopharm Hengrui AP stake in thebusiness, and never fully recovered from overseas
company of the original shareholders of the transfereecolor TV market is still at a loss, TCL are not familiar
to sign a formal agreement, TCL Group invested 31.09with the medical electronics field, which existence of
million yuan acquisition of China Medical Equipmentcertain sub-investment risk. "
Industry Corporation of the original shareholders of theThis TCL Group, told reporters that the persons
Beijing Sinopharm Topline AP stake, while theconcerned, this is not the amount of investment, but
replenishment of 21.22 million yuan, becoming thethe risks are controllable, and TCL have found the best
largest shareholder in the new company, accountingpartner, the most important area of investment with
for 51.8% stake.the original main business is related to multimedia .
For this investment, Li Dongsheng told newspaperPartners Beijing Sinopharm Hengrui AP is a company
reporters made it clear that "rapid growth in the field ofengaged in high-end digital medical imaging equipment
medical electronics and high return on investment, andresearch and development, manufacturing high-tech
the field of medical electronics and TCL multimediaenterprise, but also China's Medical Device Industry
industry has some relevance. TCL may be relying onInnovation strategic alliance to launch one of the units.
its display technology the great advantage of accessThe transfer of shares before the Chinese medical
to the medical electronics industry, and will furtherdevice industries for the company's largest
expand the existing resources to fight the medicalshareholder.
electronics industry create new business TCL growth.A source told the reporter, TCL Group, the investment
"in Beijing Sinopharm Hengrui AP profitability of the
According to the European Medical Devicescompany's good, and the China Medical Equipment
Commission statistics, in 2008, the global medicalIndustry Corporation won the bid for government
device market, total sales of about 336 billion U.S.procurement government background certainly be of
dollars, the growth rate in recent years were morehelp.
than 10%. China is in Asia and the world's largestTCL Group has been engaged in over the past few
producer of medical devices, is the world's top tenyears, subtraction movement, has sold TCL
emerging medical device markets. In recent years,Electronics, TCL Computer Technology, TCL
rapid development of China's medical equipmentlow-voltage electrical appliances and other non-core
industry in 2008 the total consumption of the actualbusinesses, but the management, headed by Mr. Li is
medical instruments 2,200 billion yuan in output value ofalso seeking investment opportunities in new industries,
the target to the medical device by the end of 2010 willbut the investment TCL has been very cautious, it is
be to 3,500 billion yuan in 2020 to reach 1.575 trillionnecessary to pay attention to controlling investment
yuan. Average annual growth rate remained at 18%risk, and second, to find the right partners.