Hisense owns over 40 subsidiaries, both in and outside China. Its R&D facilities are located in Chicago and Qingdao, and it has a production base in latter location. [53] The site's factory is 52,000 square meters in size. It develops and markets security technology and intelligent traffic control products and their software. [10] It has invented a type of transparent television in 2013. [31] Hisense-Hitachi operates a commercial air-conditioning manufacturing facility in the park and from 2007 a LCD TV module production line also calls the park home.[48]. [6][7][8], Hisense retails products under several brand names. [49], Hisense Industrial Park in South Africa is a Hisense South African production base will manufacture televisions and white goods. [Bell 3], The Hisense Group emerged in 1994[15] from a tumult started in 1992 by then-president Zhou Houjian or perhaps even by Li Dezhen, director of the Electronic Instrument Bureau of Qingdao. [59] It is the first stadium in the world to be named after a Chinese company. To improve consumers lives and add value to partners by developing high-quality, innovative and affordable products while also committing to exceed expectations and deliver results in the United States. [15] This strategy prompted great outlays of capital on R&D and on the creation of industrial parks,[15] etc. [9] Hisense is also an OEM, so some of the products it makes are sold to other manufacturers and carry a brand name not related to Hisense. [Bell 3] As of 2009, it has locations in Gwinnett, Suwanee, and unincorporated Gwinnett County, Georgia. Best of CES + CES 2019 Best 4K Ultra HD Projector. [40] Established in 2001, it has a technical cooperation effort with Qualcomm and operates a mobile phone production base in a Hisense IT Industrial Park 90 minutes from Qingdao. In 2015, Hisense received a five-year license to use the Sharp brand on televisions in the Americas. [2] It started out making radios in 1969. Hisense-Hitachi products are also sold in Japan. It designs, manufactures and markets its products, which include commercial and household central air-conditioning systems, in China. With an annual growth rate of 30% in the last five years, Hisense is poised to become one of the fastest growing and largest consumer electronics and household appliance companies throughout the world. In addition to their commitment to quality and to being on the forefront of technology as an innovator, Hisense also partners with several large well-known companies such as IBM, Hitachi, Whirlpool, and AMD. As of 2009, the television plant has been shut down due to falling orders, and Hisense Hungary Kft operates with a staff of 13.[30]. [13], With more than 80,000 employees world-wide Hisense Group has 14 industrial parks, which are located in Qingdao, Shunde, Huzhou, Czech Republic, South Africa, Mexico and so on. Asia-Pacific (APAC) Companies that Exited (Top 10K). [50], Hisense Information Industrial Park was created in 2001[51] and located in Qingdao, Shandong,[52] this industrial park is situated on 1,200 mu (80 hectares) of land. Chinese state-owned multinational electronics company, Companies with an annual revenue of over US$3 billion. jointly announced a strategic partnership.[65]. [Bell 4], Hisense USA Co is a Georgia-based subsidiary responsible for some activities in the US, Hisense USA may distribute products to retailers or establish an R&D center. [15] This subsidiary operates a remote control factory, a degaussing coil factory and an accessory parts factory. Qingdao Hisense Network Technology Co Ltd was established in 2004, this subsidiary grew out of an internal Hisense department, the Information Technology Center and provides IT consultancy services. [60], In China, Hisense has begun a relationship with the Beihang University (Beijing University of Aeronautics and Astronautics) to set up an engineering postgraduate program approved by the Ministry of Education and a collaboration with Peking University to set up an MBA remote education program. [57], In July 2008 Hisense entered into an agreement with Melbourne & Olympic Parks allowing them six-year naming rights to Hisense Arena, a Melbourne[58] venue for spectator sports such as basketball, netball, dance sports, cycling, gymnastics and tennis. It operates a commercial air-con production facility in the Hisense Information Industrial Park. Products manufactured include remote controls,[35] degaussing coils and injection molded parts.

[47] It is located in the Wuhu National High-tech and Industry Development Zone.[47]. [Bell 4] Hisense Hungary Kft assembled TVs. Hisense sells under multiple brand names. 4K UHD Hisense Android Smart TV (2020) Quantum 4K ULED Hisense Android Smart TV (2020) View All TV + Audio. Hisense is passionate about bringing the latest innovations in technology, including affordable, dependable appliances and TVs, into your home. [15] Qingdao No.2 Radio Factory was then quickly merged with other local electronics makers and began to manufacture televisions under the name Qingdao General Television Factory[Bell 2] in Shandong province. [36] It is also responsible for marketing Ligent Photonics Inc products in Asia.

[Bell 2], Television production in China was limited until 1979 when a Beijing meeting of the Ministry of Electronics called for greater development of the civil-use electronics industry. Hisense-Hitachi Air-conditioning System Co Ltd was established in 2003 as a joint venture between Hitachi and Hisense, Hisense-Hitachi Air-conditioning System Co Ltd is an air-conditioner company that sells under the brand names "Hisense-Hitachi" and "Hitachi". Hisense Optics Co Ltd was established in 1996, Hisense Optics has its roots in Qingdao Camera Co, a former subsidiary of Qingdao Electric Instrument Bureau, which in 1995 was facing bankruptcy when the government of Qingdao erased its debts and gave its assets to the Hisense Group who renamed it Hisense Optics. The companies it has bought from include Hitachi, Lucent, Matsushita, NEC, Sanyo, Toshiba, and Qualcomm. Toshiba: On 15 November 2017, Hisense reached a $114 million deal to acquire a 95% stake of, This page was last edited on 30 October 2020, at 17:07. [38] Founded in 2000[Bell 4] or 2001,[38] it was initially headquartered in Los Angeles. Hisense is a leader in the field of health monitoring and protection of infants. [42], Qingdao Hisense Property Management Co Ltd provides property management services, as well as product design, mold design, pattern making and mold processing and manufacturing through this subsidiary.