Caixin
Apr 05, 2018 02:46 PM
ECONOMY

Chinese TV-Makers Could Be Hit Hard by U.S. Tariffs

Visitors to the 2016 CES International electronics trade show in Las Vegas check out ultra-high definition TVs at the TCL booth. Photo: IC
Visitors to the 2016 CES International electronics trade show in Las Vegas check out ultra-high definition TVs at the TCL booth. Photo: IC

Major Chinese TV-makers including TCL Corp. and Hisense Co. Ltd. are expected to suffer a serious blow from the punitive new tariffs threatened by the U.S., analysts said.

The tariffs will “greatly impact Chinese TV exports to the U.S.,” as TCL exports over 30% of its total TV shipments to the market and Hisense exports 6%, according to data provided by Sigmaintell Consulting, which researches chip and display markets.

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