Skyworth, publicly owned and headquartered in China, was founded in 1988 and operates with approximately 230 employees. The company reported $9.8B in revenue as of 2025. It specializes in consumer electronics, functioning as a manufacturer of TVs and STBs.
On March 31, 2026, Panasonic sold its European TV business to Skyworth. This transaction occurred mere weeks after Sony confirmed a similar partnership with TCL in the television market.