TCL Air-Conditioners Lead Philippines with Premium Flagship Products
TCL air conditioners have been rising to the top of the Philippine AC market for several quarters in a row in all three types: inverter, split, and big cooling capacity (over 2 horsepower, or HP) ACs. TCL Air- conditioners have consistently held a significant overall market share of 21.2 percent. The brand's achievement is reinforced by its performance in specific categories in the first quarter of 2024: 22.4 percent in inverter ACs, 23.4 percent in split ACs, and an impressive 46.5 percent in ACs with large cooling capacities (over 2 HP). Following the directives of the Belt and Road initiative and other national policies, TCL Air-conditioner has expanded into emerging markets across Asia, Africa, and Latin America. In the first quarter of this year, the company achieved a growth of 3 percent, contributing to a year-on-year increase of over 30 percent in overseas markets.
Source: TCL