Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, March 30 2022 - 04:34
AsiaNet
Hisense Drives Technology Industry to a New High, Jointly Releases Latest Industry Key Figures with GfK and Ipsos
QINGDAO, China, March 30, 2022 /PRNewswire-AsiaNet/

On March 29, Hisense unveiled the latest report jointly announced with GfK and 
Ipsos at the Hisense 2021 Branding Key Figures Press Conference. The key 
figures showed that global consumer demand for home appliances hit a record 
high in 2021 under the influence of the epidemic, which led to a 13% YoY growth 
in the home appliance market, while Hisense's home appliance sales grew by more 
than 30%. In addition, Hisense's brand awareness ranked among the top in 
several categories worldwide and strongly demonstrated the global technology 
industry's competitive leadership position.

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 equity has grown 
54% in three years, and Hisense's brand awareness in 2B businesses such as 
intelligent city, 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

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=417998

   Caption: Norbert Herzog, Global Strategic Insights Head of GfK SE

   Link: https://iop.asianetnews.net/view-attachment?attach-id=417999

   Caption: Hisense Key Figures

   Link: https://iop.asianetnews.net/view-attachment?attach-id=418000

   Caption: Hisense VP of International Marketing Jerry Liu

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