Hisense

Hisense Co., Ltd. (Hisense Group)
Native name
海信有限公司
Hǎixìn Yǒuxiàn Gōngsī
Company typePublic company
Industry
PredecessorQingdao No.0537161294. 2 Radio Factory
FoundedSeptember 1994; 30 years ago (1994-09)
Headquarters
Qingdao, Shandong
,
China
Area served
Worldwide
Products
RevenueUS$12.169 billion (2023)[1]
US$288.59 million (2018)[2]
US$1.14 billion (2019)[2]
OwnerQingdao Hisense Electric Holdings Co., Ltd. (29.9%)[2]
Subsidiaries54 companies and offices
Websiteglobal.hisense.com Edit this at Wikidata
Hisense
Chinese海信
Traditional Chinese海信
Simplified Chinese海信
Transcriptions
Standard Mandarin
Hanyu PinyinHǎixìn
Tongyong PinyinHǎisìn
Yale RomanizationHǎisyìn
IPAha:i xih-:n
Yue: Cantonese
Yale Romanizationhai sahn
Jyutpinghaih4 san1
IPAxa:i-h sa-h:n
Southern Min
Hokkien POJHayī-xihn
Tâi-lôHaixan
Teochew Peng'imHāixhín

Hisense Group is a Chinese multinational major appliance and electronics manufacturer headquartered in Qingdao, Shandong Province.[3] Televisions are the main products of Hisense, and it is the largest TV manufacturer in China by market share since 2004[4] and was the world's second-largest TV manufacturer by number of units shipped in 2022.[5] Hisense is also an original equipment manufacturer (OEM), so some of its products are sold to other companies and carry brand names not related to Hisense.[Bell 1][6]

Two major subsidiaries of Hisense Group are listed companies: Hisense Visual Technology (SSE: 600060)[7] and Hisense H.A. (SEHK: 921, SZSE: 000921).[8][9] Both had a state ownership of over 30% via Hisense's holding company[10][11] before the end of 2020.[12]

Hisense Group has over 80,000 employees worldwide, as well as 14 industrial parks, some of which are located in China (Qingdao, Shunde, and Huzhou), the Czech Republic, South Africa, and Mexico. There are also 18 R&D centers located in China (Qingdao and Shenzhen), the United States, Germany, Slovenia, Israel, and other countries.[13]

  1. ^ "Revenue of the Chinese electronics manufacturer Hisense from 2013 to 2023". statista.com.
  2. ^ a b c "Hisense Electric Co. LTD". Archived from the original on 6 May 2020. Retrieved 2 July 2019.
  3. ^ "Hisense Group Co., Ltd". www.cccme.cn. Retrieved 7 February 2024.
  4. ^ "Zhongyikang: Hisense TV ranked first in market share for 17 consecutive years". China News (in Chinese (China)). Sohu. 20 January 2021. Retrieved 15 June 2021.
  5. ^ Cite error: The named reference :0 was invoked but never defined (see the help page).
  6. ^ "About Us History - Hisense Global". global.hisense.com. Retrieved 7 February 2024.
  7. ^ "600060.SS - Hisense Visual Technology Co Ltd Profile Reuters". www.reuters.com. Retrieved 10 August 2020.
  8. ^ HISENSE HOME APPLIANCES GROUP CO., LTD.
  9. ^ "Equities Quote". www.hkex.com.hk. Retrieved 11 March 2023.
  10. ^ Babones, Salvatore (23 January 2020). "Love Your New TCL or Hisense 4K Smart TV? The Chinese Government Made That TV". The National Interest.
  11. ^ Kovach, Steve (9 January 2013). "A State-Owned Chinese Company You've Never Heard Of Has Replaced Microsoft At CES". Business Insider Australia.
  12. ^ "Hisense's restructure finalized with strategic investment; two A-share companies bid farewell to the status of state-owned holdings / 海信混改敲定战投 两家A股公司告别国资控股身份". China Stock (in Chinese (China)). Shanghai Securities Journal. 25 December 2020. Retrieved 15 June 2021.
  13. ^ Timeline Archived 27 February 2009 at the Wayback Machine Hisense Official Site


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