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Holding Company
CONSUMER PRODUCTS & SERVICES | Appliances
skyworth.com

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Investments

10

Portfolio Exits

3

Partners & Customers

9

About Skyworth

Skyworth (HKG: 0751) (SHE: 000810) is a large-scale high-tech group company mainly engaged in research, development and manufacturing of such products as consumer electronics, display devices, digital set-top-box, security monitor, network communication, semi-conductor, refrigerator and washing machine, 3C digital, and LED illumination.

Skyworth Headquarter Location

Rooms 1601-04 Westlands Centre 20 Westlands Road Quarry Bay

Hong Kong

+852 2290 4700

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Skyworth Web Traffic

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Latest Skyworth News

Should you buy the Skyworth OLED TV?

Sep 6, 2021

(Image credit: Skyworth) There's a new OLED TV contender in town – the Skyworth XC9000. The Chinese television brand has finally made a foray into the US market with its reasonably-priced XC9300 model, and anyone looking for an affordable OLED screen in this day and age will likely be paying attention. Costing just $1,399 for a 55-inch size, and coming in a larger 65-inch option, the Skyworth OLED is certainly priced on a par with screens like the Vizio OLED or LG B1 – though before the screen is widely reviewed it's going to be hard to say whether it can compete in performance. The Skyworth OLED in the US isn't quite as impressive on paper as the W82 model available in China, which packs in 8K resolution with an OLED panel, as well as a built-in 12MP camera – though a successful US launch for the XC9000 could well see the range increase in size in the years to come. For now, we're going to run you through the specs and features of this OLED challenger, to let you know whether it's likely to be an OLED TV worth buying. Skyworth OLED pricing, models and sizes The Skyworth OLED comes in both 55-inch and 65-inch sizes, costing $1,399 for the 55-inch model, and $1,999 for the larger size. The US portal for Skyworth is now shipping out its OLED screens, and the XC9000 is in stock – though an alternative 55-inch XC9300 model (with a TV stand instead of a pair of feet, plus a 120Hz panel) is listed as 'sold out' for the time being. Skyworth OLED specs and features While Skyworth does use the LG webOS smart platform on some of its screens, this OLED model will make use of Android TV instead. That means you'll get the same broad app support, Google Cast functionality, and Google Assistant integration as on any Android TV – though not the sleeker experience available on Google TV devices. This is a 4K resolution screen, though you'll only get basic HDR10 support (and HLG , for SRD-HDR broadcasts) rather than the dynamic Dolby Vision and HDR10+ formats found on more premium sets. Gamers won't find a next-gen experience, sadly: you'll only get HDMI 2.0 ports here, which when paired with the 60Hz panel will limit you to 4K/60Hz gameplay at best. VRR (variable refresh rate) is supported, though – and the alternative XC9300 model does pack in an 120Hz panel, for those of you who'd rather wait for a truly PS5-ready TV. (Image credit: Skyworth) As an OLED TV, though, you should be getting some decent picture performance out of the box, with true blacks (thanks to those pixels able to turn off entirely) and 'infinite' contrast between light and dark areas of the screen. The peak brightness of "500 nits", though, isn't majorly impressive – the LG C1 hits around 750 nits peak brightness, while OLED evo models like the LG G1 or Sony A90J can hit another 100 or nits even above that, meaning the XC9000 is likely about half as bright as top-tier OLED models. It is, however, on a par with other budget OLED s like the LG A1 . Should I buy the Skyworth OLED? The Skyworth OLED, or XC9000, is mostly interesting as the first OLED screen to ship from the company in the US so far. Its specs are equivalent to what you can already get on the market for the price, though having more challengers in the budget OLED space can only be a good thing when it comes to driving down prices and ensuring competition. Our time with the Vizio H1 OLED taught us that cheap(er) OLED screens aren't best for complex specifications like HDMI 2.1 , or connecting current-gen consoles (with the Vizio OLED struggling to display PS5 games at launch). And you simply won't get the performance of higher-end screens, some of which – as in the case of the 48-inch LG C1 – are already undercutting this price point. For a cheap OLED TV, though, Skyworth's offering is still worth paying attention to, especially if it enjoys any flash discounts in the upcoming Black Friday sales. Henry is TechRadar's News & Features Editor, covering the stories of the day with verve, moxie, and aplomb. He's spent the past three years reporting on TVs, projectors and smart speakers as well as gaming and VR – including a stint as the website's Home Cinema Editor – and has been interviewed live on both BBC World News and Channel News Asia, discussing the future of transport and 4K resolution televisions respectively. As a graduate of English Literature and persistent theatre enthusiast, he'll usually be found forcing Shakespeare puns into his technology articles, which he thinks is what the Bard would have wanted. Bylines include Edge, T3, and Little White Lies.

Skyworth Investments

10 Investments

Skyworth has made 10 investments. Their latest investment was in Smarlink Micro as part of their Series A - II on July 7, 2021.

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Skyworth Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/20/2021

Series A - II

Smarlink Micro

No

2

1/18/2021

Series A

Smarlink Micro

Yes

1

9/2/2020

Unattributed VC

Milliway

Yes

1

5/27/2020

Private Equity

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$99M

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10

8/7/2019

Series A

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$99M

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10

Date

7/20/2021

1/18/2021

9/2/2020

5/27/2020

8/7/2019

Round

Series A - II

Series A

Unattributed VC

Private Equity

Series A

Company

Smarlink Micro

Smarlink Micro

Milliway

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Amount

$99M

$99M

New?

No

Yes

Yes

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Co-Investors

Sources

2

1

1

10

10

Skyworth Portfolio Exits

3 Portfolio Exits

Skyworth has 3 portfolio exits. Their latest portfolio exit was Puya Semiconductor on August 23, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/23/2021

IPO

$991

1

00/00/0000

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10

00/00/0000

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$991

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10

Date

8/23/2021

00/00/0000

00/00/0000

Exit

IPO

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Companies

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Valuation

$991

$991

Acquirer

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Sources

1

10

10

Skyworth Acquisitions

1 Acquisition

Skyworth acquired 1 company. Their latest acquisition was Coocaa on January 01, 2014.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/1/2014

Corporate Minority - III

$226.6M

Spinoff / Spinout

1

Date

1/1/2014

Investment Stage

Corporate Minority - III

Companies

Valuation

Total Funding

$226.6M

Note

Spinoff / Spinout

Sources

1

Skyworth Partners & Customers

9 Partners and customers

Skyworth has 9 strategic partners and customers. Skyworth recently partnered with Juventus on June 6, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

6/9/2021

Sponsored

Juventus

Italy

SKYWORTH Announces Brand Partnership with World-leading Football Club Juventus to Support its Global Expansion Plan

For more information about the partnership between SKYWORTH and Juventus , visit https://www.skyworth.net/global/allcampaigns/SKYWORTHxJUVENTUS.html .

2

1/12/2021

Partner

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10

10/29/2020

Partner

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10

6/18/2020

Client

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10

6/17/2020

Partner

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10

Date

6/9/2021

1/12/2021

10/29/2020

6/18/2020

6/17/2020

Type

Sponsored

Partner

Partner

Client

Partner

Business Partner

Juventus

Country

Italy

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News Snippet

SKYWORTH Announces Brand Partnership with World-leading Football Club Juventus to Support its Global Expansion Plan

For more information about the partnership between SKYWORTH and Juventus , visit https://www.skyworth.net/global/allcampaigns/SKYWORTHxJUVENTUS.html .

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Sources

2

10

10

10

10

Skyworth Team

1 Team Member

Skyworth has 1 team member, including current Controller, Eric Lam.

Name

Work History

Title

Status

Eric Lam

Controller

Current

Name

Eric Lam

Work History

Title

Controller

Status

Current

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