TCL Multimedia joins forces with IMAX

HONG KONG, CHINA: TCL Multimedia Technology Holdings Ltd announced that it has entered into a joint venture agreement with IMAX Corporation, the world's leading entertainment technology company for the establishment of "TCL-IMAX Entertainment Co., Ltd". Under the joint venture, the companies will provide end-to-end premium high-end total home entertainment solutions to consumers covering hardware, software, service and content.

This 50/50 joint venture between the two parties will initially operate in Hong Kong and Mainland China. The parties are also in discussions with local content providers regarding a variety of options in and around Greater China.

This landmark cooperation between the two companies follows TCL Multimedia's recent accomplishments in provision of total home viewing solutions to consumers covering hardware, software, service and content.

Leveraging TCL Multimedia's strong expertise in display and manufacturing technologies, world-leading distribution networks with unparalleled presence in emerging markets and strong footholds in smart home appliances, the joint venture will draw on IMAX's best-in-class projection and sound technology to provide end-to-end premium high-end total home entertainment solutions from content creation to deliveries to consumers' homes.