Hisense Drives Technology Industry to a New High, Jointly Releases Latest Industry Key Figures with GfK and Ipsos – PR Newswire

Hisense Sales and Brand Awareness is Leading in Global Market

According to GfK, in 2021, 16% of consumers upgraded their home appliances, which led global home appliances sales to increase by 13% and TVs sales up 6%, reaching record high growth rates. Meanwhile, Hisense's market growth outside PRC exceeds 30%, with 8% market share in the TV industry. Moreover, Norbert Herzog, Global Strategic Insights Head of GfK SE, believes premiumization has become a market consumption trend.

In recent years, Hisense has continued to focus on premium industries and globalization strategies, successfully provided qualified products and excellent services to global consumers,led Hisense to achieve greater success in sales and brand awareness.

According to Ipsos research data for 2019-2021, Hisense brand equityhas grown 54% in three years, and Hisense's brand awareness in 2B businesses such as intelligentcity, transportation, and healthcare ranked among the top in the industry. This means that Hisense's global brand awareness has gained tremendous growth while effectively leading to increased sales. In 2021, Hisense TV sales in the United States, Mexico, and major Western European markets such as the UK, France, and Germany grew by more than 30% YoY, and Hisense Laser TV sales in overseas markets outside of PRC grew by 279% YoY.

Globalization and Develop Premium Technology to Achieve Brand Success

Hisense VP of International Marketing Jerry Liu said: "Hisense's dedication towards technology has never changed over the years; we are constantly insisting on R&D to create premium products for global consumers." Through continuous efforts in branding and premium products, Hisense expects its flagship product ULED TV will achieve premium sales growth of more than 40% YoY; Laser TV will grow doubled.

In terms of business layout, Hisense will establish nearly 100 premium flagship stores globally; more R&D centers will be built in the United States and Japan, increasing investment in overall development to achieve better production, distribution and sales layout

In the future, Hisense will continuously pursue R&D in technology to deliver a premium product and high-end lifestyle to consumers, and become a trustworthy technology brand worldwide.

SOURCE Hisense

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Hisense Drives Technology Industry to a New High, Jointly Releases Latest Industry Key Figures with GfK and Ipsos - PR Newswire