But the other side of the coin is just as evident. When revenue is heavily concentrated in mature markets and growth depends on ongoing marketing and offline investment, the tug-of-war between expansion pace and cost structure becomes far more intense.
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TCL has been making smartphones and tablets at an impressive clip for years. While most companies have focused on foldable display tech — and TCL has dabbled — the focus has been on its NXTPAPER screens. Aimed at being friendlier on the eyes, and pitched as a device somewhere between e-ink slates and traditional tablets, NXTPAPER has gradually been upgraded and refined, reaching an apex at CES 2026 earlier this year with the Kindle Scribe-alike, the Note A1 NXTPAPER and its latest smartphone, the NXTPAPER 70 Pro.
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