TCL International Holdings has set an aggressive target of selling 10 million television sets and nine million mobile handsets next year. The sales objective represents a rise of more than 40 per cent in TV sets and more than 50 per cent in handsets and follows exceptional growth this year. In the first 11 months, the mainland electronics giant sold 6.88 million TVs, including 5.8 million to the domestic market and 1.08 million overseas, while its handset sales were more than five million. Bing Yuan, TCL's associate director of corporate strategy, said the company had exceeded its overseas sales target this year for TVs by last month and had completed 97 per cent of its domestic sales. 'This is a very encouraging result, especially for our exports,' said Mr Yuan, speaking after an extraordinary general meeting at which the company's ongoing transactions were approved. Last week, TCL president Li Dongsheng said the company aimed to become a global powerhouse within 10 years on the strength of its exports, which would total US$1.1 billion this year. He identified Southeast Asia, the Middle East, Russia and South America as target markets. Mr Yuan yesterday said the A-share listing plan of TCL Corp, parent company of TCL International, was progressing well, but declined to reveal a listing timetable. He denied that the company had plans to list TCL Mobile, a handset manufacturing company which was 40.8 per cent owned by TCL International. Mr Yuan said TCL Mobile had managed to maintain its profit margin at about 30 per cent in the first 10 months, but that the margin was expected to fall to about 25 per cent next year.