The Legendary Rise Of TCL (There's No Catching Up)

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Are you familiar with a brand called TCL? You might recognize them as the cheap TV brand but they’re a lot bigger than just that. In fact, they just overtook LG to become the secondlargest TV maker in the world, only beaten by Samsung. And the way things are looking, it’s very possible that TCL will overtake Samsung as well within the next decade. What makes this feat even more impressive is that TCL didn’t even enter the North American TV market till 2013, yet they’ve somehow already risen to the very top thanks to their unique approach. You see, TCL was never trying to be a cheap TV brand like Vizio or Insignia. Rather, their goal was always to make Samsung and Sony quality TVs, just for cheaper. The reason this was possible was because TCL was actually Samsung’s supplier before they launched their own brand. So they already had the experience and infrastructure required to put together marketleading TVs. This video explains the explosive rise of TCL and how it went from a noname brand to the market leader within just 10 years.

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Timestamps:
0:00The Unstoppable Rise Of TCL
2:40The No Name Advantage
5:59The In House Advantage
9:30The Superior Advantage

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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.

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