The 0.48 percent stake acquisition comes less than a month after Xiaomi and the world's third-largest LCD TV manufacturer, TCL, entered a strategic partnership that involves joint efforts in many fields. The agreement focuses on the development of various hardware parts and the integration of TCL devices into Xiaomi's ecosystem of IoT and smart home devices.
https://www.notebookcheck.net/Xiaomi-acquires-small-stake-in-TCL-the-world-s-third-largest-LCD-TV-maker.392091.0.html