Dubai PR Network, Online Press Release from Dubai and Middle East
 
Business, Banking and Investments(Banking & Investments)
Filter PR by
  
Hisense forecasts 20% growth in TV Business across MENA region in 2017
 

April 24, 2017- Following the announcement of sponsoring the 2018 FIFA World CupTM, Hisense, the world No 3 TV brand and leading Chinese white goods and electronics manufacturer forecasts greater steps in 2017 with an expected 20 per cent revenue growth. Adding on a remarkable 2016, the company will continue to achieve exceptional results, attributed to the ongoing support of its key retail partners, global and regional marketing initiatives including sponsorship of the 2018 FIFA World CupTM, as well as strong product line-up of 4KULED TV’s, including the M7000, the N8700, and the N9700 series. 

Hisense 4KULED TV’s are next-generation models with advanced dimming and peak brightness features, providing high-quality contrast, brightness and colour. These models also come equipped with a smart TV system exclusive to Hisense called VIDAA. Hisense products have witnessed wide acceptance of its high-end product range in the MENA market.

“Despite a decline in MENA’s TV sector, Hisense recorded a big growth in its performance during 2016, especially on the sales of its 4K and ULED screens,” said Mr. Linden Sun, Managing Director, Hisense Middle East. Hisense expects to grow 20 per cent in the TV sector, based on a strong product line-up, as well as an international marketing plan to boost the brand through sponsorship of the next 2018 FIFA World CupTM, all these will play key role in consolidating its market position.

“Since its inception 47 years ago, Hisense has grown remarkably. We realize the importance of enhancing the quality of our brand to further capture the market and increase our sales. We adhere to a clear strategy and are working to take our business to the next level and we are committed to broadening our horizons in the MENA region.” said Mr. Linden Sun.

Hisense ranked third globally for the second consecutive year, according to the IHS Global TV Report 2016. This was achieved through adherence to the company’s strategy of delivering high-quality products to the market. Hisense re-invests 5 per cent of its revenues in Research and Development (R&D), conducted by seven state-of-the-art R&D centres across the globe. These efforts have resulted in dramatic improvements across all continents, worth mentioning is the No 1 revenue share in China for 13 consecutive years, and No. 1 unit share in South Africa. Hisense has become an international pioneer in the TV sector. 


Posted by : Dubai PR Network Editorial Team
Viewed 5917 times
PR Category : Banking & Investments
Posted on : Monday, April 24, 2017  1:18:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Darlie Global launches Dr. Neem and Mr. Darlie brands in MEN...
Next Story : Third Edition of TOP CEO Awards 2017 Announces Winners
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Add Extra Sparkle to Your Holidays With Make Up for Ever's 2020 Holiday Collection [8483-Views]
A Warm Summer Rain in Winter: The New Head Shower GROHE Tempesta 250 [5617-Views]
Schneider Electric Unveils New Sustainable Energy Products at CES 2021 [5420-Views]
Samsung Introduces Latest Innovations for a Better Normal at CES 2021 [5154-Views]
The Most Inclusive Range of Primers to Offer 24hr Correction for Any Skin Type, Any Skin T... [5031-Views]
The University of Queensland wins Ericsson Innovation Awards 2020 [4850-Views]
Canon Recognizes 3 Leading Photographers from the UAE, KSA & Jordan for their Ambassador P... [4789-Views]
Herbal Essences Taps into Nature's most Powerful Ingredients with the new Potent Aloe Vera... [4637-Views]
Unique Spatial Sound Technologies for Ambient Room-filling Sound with Sony's Latest Premiu... [4395-Views]
World Gold Council ETF 2020 Report and Gold Outlook 2021 [3764-Views]
Middle East Hotels Ready to Capitalise on Workation Trend, says ATM [3346-Views]
Hello 2021, HELLO, GOOD STUFF! with Essence [3227-Views]
Ogilvy Names James Kinney as Global Chief Diversity, Equity & Inclusion Officer and Chief ... [3161-Views]
Western Digital Delivers Unmatched Line Up of High-capacity Portable SSDS Across Its Renow... [3124-Views]
Giorgio Armani Collaborates with Parmigiani Fleurier to Create a Fine Watches Collection' [3112-Views]
Omega Dubai Desert Classic [3001-Views]
IRENA's World Energy Transition Day Kick-Starts Crucial Assembly Meeting [2870-Views]
SEHA Commences the Administration of the Covid-19 Vaccine to UAE Community at 40 Locations [2640-Views]
Sony Exhibits at CES 2021 [2636-Views]
Dubai Customs Gives Certificate Issuance Authorization to Registered Ducamz Car Dealers [2513-Views]
Dynabook Announces Arrival of New 11th Gen Intel® Core™ vPro Processors to Premium X Serie... [2374-Views]
‘Blue Zone' from COVID-19 Prime Assessment Centre to Relocate to Al Rowda Healthcare Cente... [2349-Views]
Kamal Vachani Announces Sri Lanka Food Festival at Al Maya Supermarket [2247-Views]
‘Educators without Borders' to cover South Asia in partnership with India's Ma'din Academy [2247-Views]
Jordan - Pfizer-BioNTech COVID-19 Vaccine Distribution Statement from UPS [2202-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories