How 'open innovation' can promote sustainable economic growth and development
During times of geopolitical uncertainty, open innovation – alongside globalization – can serve as catalyst for economic growth and sustainable development.
TCL was established in 1981 as TTK Home Appliances and was one of China’s first joint venture companies. TCL started out producing magnetic tape and eventually expanded the business to smart terminal production, semiconductor displays, photovoltaic energy, industrial finance and investment. TCL has established 48 research centres and development (R&D) organizations and 32 manufacturing bases globally and operates in 160 countries and regions worldwide. In 2019, TCL split into TCL Technology and TCL Industries. TCL Technology focuses on the semiconductor display and materials industry. TCL Industries focuses on smart terminal products and services. In 2022, TCL invested RMB14 billion in R&D.
The Centre for Advanced Manufacturing and Supply Chains is enabling more resilient, sustainable and inclusive manufacturing ecosystems and supply chains.
The Centre for Energy and Materials is driving initiatives and coalitions to ensure the energy transition is sustainable, secure, resilient and affordable.
The Centre for the Fourth Industrial Revolution is advancing the application of human-centred and society-serving technologies.