Friday, December 10, 2010

Contribution of 50 million TCL group to enter the medical electronics industry

Recently, TCL group co., Ltd and Beijing sinopharm hundric MEDLINE company shareholders ' equity for the formal signing of the agreement, TCL funded 3109 million acquisition of China medical device industries and other parts of the original shareholders of the company, at the same time replenishment 2122 million, becoming the company's largest shareholder, accounting for 51.8% shares.

This marks the Chinese consumer electronics industry's TCL group for the first time in the field of medical devices, and formally enter the investment medical electronics industry. Prior to this, the international consumer electronics giants to GE, Philips, Siemens, already involved in the medical device market.

TCL group, Mr. Li dongsheng, interview, said that "medical electronics field high growth and higher return on investment, and medical electronics field and TCL multimedia industry have a certain relevance.

TCL can rely on its display technology power into the medical electronics industry, and further expansion of an existing resource, the medical electronics industry into a TCL new business growth point. TCL recent goal is to do well the existing investment projects and initially formed to support the future development of the Foundation, the long-term objective is to establish within the Group of medical electronics industry and formed the industry's leading edge. ”

Project leader said that the TCL after three years of stability, financial status, in addition to the continuous development of the core industry multimedia and communications business, has been actively seeking to find new profit growth point.

Consumer electronics industry and the medical field have related cooperative, such as consumer electronics giants to GE, Philips, Siemens, already involved in the medical device market, and has a certain scale.

According to the EU medical device Committee statistics, 2008, global medical devices market aggregate sales of about 3360 billion in recent years, the growth rate is 10 percent.

China is in Asia and the world medical equipment producer, is a global medical device one of the top ten emerging markets. In recent years China's medical industry development faster, 2008 real medical equipment total consumption for 2200 billion medical devices production target 2010 will reach $ 3500, "at the end of the twelve-five" reaches the 7650 billion, reaching 15750 billion by 2020. Average annual growth rate remained at 18%-20%.

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