China's gadget makers turn to services for growth

TCL has adjusted its product lineup to generate more revenue from services such as content streaming and online games.

KEN KUWAHARA, Nikkei staff writer

GUANGZHOU -- Major Chinese electronics hardware manufacturers are moving into new lines of business to broaden their sources of revenue. Slowing market growth and higher costs have led to increasing pressure for companies to restructure and maintain growth. TCL on April 9 unveiled new products in Shenzhen, Guangdong Province. CEO and Chairman Li Dongsheng used the event to announce plans to overhaul the company's strategy, pledging to cre...