Country for PR: China
Contributor: PR Newswire Asia (China)
Friday, January 21 2022 - 18:56
AsiaNet
Hisense Announced 2021 Full-Year Result, Revenue Hit Historical High of US$27.2 Billion
QINGDAO, China, Jan. 21, 2022 /PRNewswire-AsiaNet/ --

Hisense announced its 2021 financial results, showing total revenue reached 
US$27.2 billion, up 33% YOY, hitting a new record high in total revenue; 
Overseas revenue hit US$11.3 billion, increased by 43% YOY; with overseas 
revenue accounted for 42%, showcasing Hisense's dominant market position in 
international markets and fully reflecting the excellent results that Hisense 
has achieved over the years in overseas business development.

"We ended 2021 with an excellent result, with substantial revenue growth and 
product enhancements in quality and reputation. By focusing on core technology 
competencies, providing excellent products and consumer experience, while 
implementing superb marketing strategy and efficient execution capability, 
Hisense achieved significant results in both business and financial 
performance," Hisense Group President Jia Shaoqian said.

Hisense TV Display Sale Increased Expeditiously, Laser TV Sales Volume Soared 
by 279%

Demand for TVs surged as the "At-home" trend boosted high-resolution home 
cinema sales under the pandemic's influences. Hisense quickly reacts to the 
market demand with strong global SCM capabilities, increasing manufacture and 
sales in premium lineups such as ULED TV and Laser TVs to create the ultimate 
viewing experience and bring customers joy during the pandemic. As a result, 
Hisense TV in 2021 has experienced an upsurge in global sales, with US regional 
TV sales revenue growth exceeding 32.8%; Mexico exceeding 36.4%; Hisense Laser 
TV sales volume overseas up 279% YOY. 

Meanwhile, Hisense Commercial Display also witnessed significant growth in 
2021. Hisense Smart City and Urban Traffic Management business officially 
landed in Ethiopia, Africa, along with Ultrasound, Medical Display, and several 
other commercial displays being utilized multiple times internationally; 
Hisense Commercial Display experienced 323% YOY growth in overseas sales 
revenue annually.

Multidimensional Marketing Strategy Layout Enhanced Brand Power, Brand 
Awareness Surge by 11%

In addition to steady sales growth, Hisense has also focused on building brand 
reputation and becoming a globalized brand through various marketing strategies.

For example, Hisense has launched thousands of marketing campaigns around the 
peak of EURO2020 globally. According to IPSOS's latest data, through marketing 
campaigns and localization strategies, Hisense's global awareness in 2021 has 
rapidly increased by 11%, sales revenue up 64.7% in the UK and over 90% in the 
French and German markets. Hisense believes that adhering to globalization 
strategies and sponsoring sports marketing will enhance enterprise awareness, 
influence and drive sales.

In November 2022, Hisense is also the official sponsor of FIFA World Cup Qatar 
2022™. Through a series of tactical and heart-touching global marketing 
strategies, Hisense believes and expects a significant increase in brand power 
and sales growth in 2022.

In 2021, Hisense was operating and selling steadily in more than 160 countries. 
In the future, Hisense will strive to develop technology in both B2B and B2C 
capability, provide high-standard services and products to meet global 
consumers' needs in all aspects, to achieve the most trustworthy and valuable 
brand worldwide.

Source: Hisense

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=413438

   Caption: Hisense 2021 Financial Result

   Link: https://iop.asianetnews.net/view-attachment?attach-id=413440

   Caption: Hisense Global Awareness Up 11%

   Link: https://iop.asianetnews.net/view-attachment?attach-id=413441

   Caption: Hisense Laser TV Laboratory

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