TCL PR: No, We Are Not Launching QD-OLED TVs in 2023

Update 11.01.2023: TCL is now backtracking on its announcement: “A line in the TCL CES 2023 press release confirming plans to launch the brand’s first QD-OLED television this year was incorrectly included. TCL is focused on its award-winning mini-LED technology in 2023 — including the recently announced TCL QM8 98-inch TV”, the company wrote in a statement to FlatpanelsHD.

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TCL’s chairman and CEO, Li Dongsheng, was covered in our story on investments in a Gen 8.5 IJP OLED fab. Back in June, the expectations were that TCL would need a $5-7 billion investment in OLED TV IJP initiatives if it wanted to compete with BOE on large area OLED production. Judging by the emphasis on miniLED technology, and a abrupt turnaround, it may be that the economic winds have stalled TCLs plans, given that there were already uncertainties about how the company would gear up to be a player in the market.