---
title: "TCL Smart Home plans to invest in a new production base in Southeast Asia, with a total investment expected to be 490 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/224570022.md"
description: "TCL Smart Home plans to invest CNY 490 million to establish a new production base in Southeast Asia, aiming to accelerate its global strategic layout, meet customer demand, and consolidate market share. The project includes investments in land, factory buildings, and equipment, with a construction period of 24 months. The company is committed to becoming a global leader in smart home appliances, and its overseas sales have grown rapidly in recent years. This investment aims to increase production capacity and optimize product structure"
datetime: "2025-01-10T11:34:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/224570022.md)
  - [en](https://longbridge.com/en/news/224570022.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/224570022.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/224570022.md) | [繁體中文](https://longbridge.com/zh-HK/news/224570022.md)


# TCL Smart Home plans to invest in a new production base in Southeast Asia, with a total investment expected to be 490 million yuan

According to the announcement from TCL Smart Home (002668.SZ), in order to accelerate its global strategic layout and better meet customer needs, as well as to consolidate and expand market share, the company or its subsidiaries plan to use self-owned funds or self-raised funds to establish new overseas production bases in Southeast Asia. The total investment for the project is expected to be 490 million yuan, including land use, factory and equipment investment, and working capital, with a construction period of 24 months, subject to actual construction conditions.

The announcement stated that the company is committed to becoming a global leader in smart home appliances and is firmly implementing a globalization strategy. In recent years, the company has continuously focused on research and development, manufacturing, and global market expansion, with overseas sales maintaining rapid growth. The investment in establishing a factory in Southeast Asia aims to increase production capacity through new overseas factories to meet the demand for global market expansion and consolidate and expand market share; and further meet customer needs by increasing the proportion of high-end air-cooled products and optimizing product structure

### Related Stocks

- [TCL Smart Home (002668.CN)](https://longbridge.com/en/quote/002668.CN.md)
- [TCL ELECTRONICS (01070.HK)](https://longbridge.com/en/quote/01070.HK.md)

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