When it comes to enhanced picture quality at an affordable price, Hisense TV is the first one that comes user’s mind. This group is well known for all its electronic products but is noteworthy for smart TVs. However, when purchasing a new Hisense TV, we will tend to check its features and quality. But, some people might not be aware of its origin. So, in this article, we have revealed who owns and manufactures Hisense TVs and other interesting facts.
Who Owns Hisense TV?
If you are wondering who manufactures Hisense TVs, the answer is “Hisense Group.” Hisense Group is a Chinese Multinational appliance and electronics manufacturer founded in 1969. It all started with a small & simple process, and later, this group has been ranked as the largest TV manufacturer in the Chinese market since 2004.
The Hisense TVs are manufactured under the Hisense Group, which is owned by its parent company, Qingdao Huatong State-Owned Capital Operation Co. Ltd.
Where Do Hisense TVs Are Manufactured?
The majority of Hisense TVs are manufactured in Qingdao, Shandong Province in China. As a popular OEM (Original Equipment Manufacturer) company, Hisense has subsidiaries in several countries, including South Africa, the United States, Germany, Europe, the Czech Republic, and more.
The reason behind the name is that the primary base production of Hisense is at Qingdao in China, which provides lower labor costs compared to other countries.
Companies Owned by Hisense
Although Hisense is at its peak in manufacturing smart TVs, it is also involved in the production of other electronics and home appliances. To expand the business worldwide, Hisense decided to partner with multiple companies. The companies Hisense owns or licensed under other brand names are Toshiba, Hitachi, Sharp, Asko, Kelon, and Sanden.
History of Hisense
- 2004 – Sold its first flat-panel TV in China.
- 2007 – China’s first mass production line for LCDs was developed.
- 2014 – Launched the world’s first 100-inch ultra short throw Laser TV.
- 2015 – Established a production plant in North and South America.
- 2017 – Appeared as the official sponsor for the 2018 FIFA World Cup.
- 2018 – Acquired global expansion for Toshiba.
- 2019 – Celebrated 50th anniversary.
- 2020 – Named best of CES for ULED XD TV.
- 2022 – Opened Home Appliance Research Center in Georgia, No.2 TV manufacturer worldwide, and Sponsor of FIFA World Cup Qatar 2022.
- 2023 – Official Sponsor of the National Basketball Association.
In conclusion, Hisense TV is one of the top TV brands with the best quality that can be availed at an affordable price. According to the report, Hisense is the second-ranked TV manufacturer globally, with its office in every nook and corner of the globe.
FAQ
The average lifespan of a Hisense Smart TV ranges between 5 to 9 years under good maintenance.