(AOF) – Archos, expert in mobile solutions, announces the launch of a capital increase by issuing new shares with maintenance of shareholders’ preferential subscription rights (DPS) for a maximum amount of 998,511. million euros, at a price of 0.043 euros per share with a parity of 10 new shares for 15 existing shares. Subscription to the new shares will be open from April 15 to May 9, 2024 inclusive on the Euronext Growth Paris market.
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Sector sheet – Electronics
Large TVs booming
If specialists expected less appetite for large televisions after the health crisis, this is clearly not the case. The IFA highlighted the development of this equipment, with screens that can reach up to 120 inches. This market segment should see its activity driven by next summer’s Olympic Games. Leader for seventeen years in the television market, Samsung offers the most complete technological range. Large televisions are rather standard products for the Korean giant. As for the Chinese TCL, which took second place in the world market from LG, it is banking on the accessibility of its products, with prices significantly lower than those charged by Samsung. The group achieved growth of nearly 68% between the first half of 2021 and 2022 in the segment over 65 inches. Over one year, the average size of screens marketed by TCL increased from 46.3 to 49.9 inches. Another Chinese player, Hisense, is also seeking to gain market share in this niche.