hisense rongsheng made in china

Hisense Group is a Chinese multinational major appliance and electronics manufacturer headquartered in Qingdao, Shandong Province, China. Televisions are the main products of Hisense, and it is the largest TV manufacturer in China by market share since 2004.OEM, so some of its products are sold to other companies and carry brand names not related to Hisense.

Two major subsidiaries of Hisense Group are listed companies, Hisense Visual Technology (SSE: 600060)SEHK: 921, SZSE: 000921).state ownership of more than 30% via Hisense holding company

Hisense Group has more than 80,000 employees worldwide, as well as 14 industrial parks, some of which are located in Qingdao, Shunde, Huzhou, Czech Republic, South Africa and Mexico. There are also 18 R&D centers located in Qingdao, Shenzhen, the United States, Germany, Slovenia, Israel, and other countries.

Qingdao No.2 Radio Factory, the predecessor of Hisense Group, was established in September 1969;brand name Red Lantern, but the company later acquired the know-how to make TVs through a trial-production of black and white televisions ordered by the Shandong National Defense Office.

Color televisions were manufactured through the purchase of a production line from Matsushita,technology transfers from foreign firms Hisense has made in order to remain competitive. The companies it has bought from include Hitachi, Lucent, Matsushita, NEC, Sanyo, Toshiba, and Qualcomm.

The Hisense Group emerged in 1994publicly listed on the Shanghai Stock Exchange in April 1997.price wars in the Chinese electronics market in the 1990s were a boon to Hisense,

Eager to expand beyond consumer electronics, Hisense Group aimed to also become a regional leader in household appliances, computers and communications.

In July 2015, Hisense bought a Mexico facility from Sharp for $23.7 million alongside rights to use the Sharp brand on televisions sold in North and South America.

In May 2022, Hisense announced the launch of the company’s first 4K Fire TV. The TV has a 50-inch 60Hz display with a bezel-less design. It uses Hisense’s ULED technology and comes with support for Dolby vision HDR with Fire TV built in.

Hisense manufactures white goods, televisions, set-top boxes, digital TV broadcasting equipment, laptops, mobile phones, wireless modules, wireless PC cards and optical components for the telecommunications and data communications industries.

In June 2017, Hisense was sued by Sharp under its new owner Foxconn, seeking to have the license agreement halted. Sharp accused Hisense of damaging its brand equity by utilizing its trademarks on products it deemed to be "shoddily manufactured", including those that it believed to have violated U.S. safety standards for electromagnetic radiation, and deceptive advertising of their quality. Hisense denied that it engaged in these practices, and stated that it planned to defend itself in court and "will continue to manufacture and sell quality televisions under the Sharp licensed brands."

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". It designs, manufactures and markets its products, which include commercial and household central air-conditioning systems, in China. Hisense-Hitachi products are also sold in Japan. It operates a commercial air-con production facility in the Hisense Information Industrial Park.

Hisense Air Conditioning Co Ltd is a subsidiary set up in the Hisense Pingdu Home Appliance Industrial Park in Pingdu, China, in 1996 to produce air-conditioners using frequency conversion air-conditioner technology purchased from Sanyo.

Hisense-Whirlpool (Zhejiang) Electric Appliances Co Ltd is a joint venture between Hisense Kelon and Whirlpool formed in 2008 for the development and production of washing machines and refrigerators,Huzhou, Zhejiang province, which manufactures washing machines and large capacity refrigerators.

Hisense (Shandong) Information Technology Co Ltd was created in 2001 and located in Jinan, Shandong province, this subsidiary is responsible for infrastructure-use IT. It develops and markets security technology and intelligent traffic control products and their software.

Hisense Intelligent Commercial Equipment Co Ltd was founded in 1989, this subsidiary manufactures, designs, markets and services POS terminal, electronic cash registers and other specialized peripheral equipment for retailing, tax monitoring and finance.

Hisense Mobile Communications Technology Co Ltd was created in 2005, Hisense Mobile Communications Technology Co Ltd has its roots in the Hisense Mobile Communications Research Institute, an R&D team created in 2000.terminals.

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.

Hisense Optoelectronics Technology Co Ltd was created as a joint venture between Hisense, Ligent Photonics Inc, et al. in 2003 this subsidiary develops fiber optic products. Its R&D facilities are located in Chicago and Qingdao, and it has a production base in latter location.

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.Gwinnett, Suwanee, and unincorporated Gwinnett County, Georgia.

Ligent Photonics Inc was established in 2002 as a joint venture with Hisense, this subsidiary designs, develops and fabricates optical components for the telecommunications and data communications industries.Illinois headquarters and manufactured in China.

Qingdao Hisense Communications Co Ltd is a subsidiary manufactures mobile phones and operates an R&D facility.Qualcomm and operates a mobile phone production base in a Hisense IT Industrial Park 90 minutes from Qingdao.Qualcomm"s biomimetic screen technology, Mirasol,

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.

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.

Qingdao Hisense Real Estate Co Ltd was created in 1995, this subsidiary has more than 40 completed developments in Shandong province, including residential buildings, apartments, villas, townhouses, office buildings and large industrial parks.

Wuhu Ecan Motors Co Ltd is a joint venture between Guangdong Kelon (Rongsheng) Co Ltd, Xiwenjin Co Ltd and Luminous Industrial Ltd, this company produces electric motors for the information industry and for use in office automation.

Hisense Guangdong Multimedia Industrial Base was put into operation on 28 September 2007, this industrial base produces flat panel TVsShunde District of the city of Foshan, Guangdong.

Hisense Yellow Island Information Product Manufacturing Park was encompassing over 200 acres (0.81 km2), Hisense Yellow Island Information Product Manufacturing Park is one of the twelve industrial parks owned by Hisense

Huzhou production base is a Hisense inverter-type/variable-frequency air-conditioner production base is located in Huzhou, Zhejiang, and was set up on 8 May 2005.mu of land.

Hisense Whirlpool (Huzhou) Household Appliances Industrial Park is a production base that manufactures washing machines and refrigerators for a joint venture with Whirlpool is situated at this Huzhou park.

In July 2008, Hisense entered into an agreement with Melbourne & Olympic Parks allowing them six-year naming rights to Hisense Arena, a Melbournebasketball, netball, dance sports, cycling, gymnastics and tennis.Melbourne Arena.

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.

Hisense has announced its global partnership deal with the Union of European Football Associations (UEFA) for Men"s National Team Football competitions ahead of the UEFA Euro 2020.

Hisense has become an official sponsor of the FIFA World Cup, starting in the 2018 tournament in Russia and continuing to the next tournament in Qatar. Hisense also engages in various global marketing and advertising activities for both the 2017 FIFA Confederations Cup and the 2018 FIFA World Cup.

In March 2020, Hisense announced that they had entered into a three-year agreement to be a major sponsor of the NRL, in a deal than spans the NRL Telstra Premiership, State of Origin and NRL TV. Hisense has also been given the naming rights to Thursday Night Football as part of the agreement.

Whirlpool Corporation, the world"s leading home appliance manufacturer, and Hisense Kelon, one of the leading electronic and home appliance companies in China, on July 15 inaugurated their joint venture manufacturing facility, which will produce world-class, innovative refrigerators and washing machines for the Chinese and export markets.

In April 2008, Whirlpool Corporation and Hisense Kelon formed a 50-50 joint venture located in the ChangXing Economic Development Zone in Huzhou in the ZheJiang Province. The company will manufacture high-end, multi-door refrigerators, as well as top- and front-load washers under the Whirlpool, Hisense and Rongsheng brands.

As part of this joint venture, both Whirlpool and Hisense also will share research, technology, procurement and development resources, enabling the full leverage and synergy of two leading home appliance companies in the highly competitive Chinese market. Whirlpool Corporation and Hisense Kelon also have equal investment and management responsibilities.

"The successful completion of this important phase of our joint venture with Whirlpool Corporation is a strong indicator of the firm foundation and sustainability of this partnership," said Zhou Hou Jian, chairman of Hisense Group. "Whirlpool provides innovative, customer-oriented solutions delivered by leading technological and engineering expertise, and good quality products, all of which complement Hisense s business philosophy, culture and global business objectives to be among the top home appliance manufacturers."

Both companies agree that in the current global appliance industry, the manufacturers" ability to succeed and grow is rooted in their innovative brands, product quality and technology. Hisense has overseas research and development centers in Europe, South Africa and the United States, as well as domestic research centers in Qingdao, Beijing, Shunde and Shenzhen.

Who makes Hisense TVs: Hisense TVs are manufactured by the Hisense Group, a large corporation that makes both TVs and electronics and home appliances. According to Wikipedia, Hisense has 14 industrial parks. According to Chinese sources, as of 2022, Hisense has 20 subsidiaries in China, according to Hisense, they have 17 industrial parks in the world and 16 R&D centers as of 2022, of course, it is best to believe the official Hisense website. Given current development and merger opportunities, this is quite possible. These factories assemble a variety of electronics and home appliances.

If we analyze the various websites of Hisense, the models of TVs produced by Hisense differ from region to region. And this shows that Hisense, we hope, is still in the process of maturing, there is no unified approach to TV production. Regional divisions of the company independently create TVs in their region, or the second option, the development of TV models for a particular region. As a result in Australia we have some TV models, in the U.S. they are quite different, and in Europe we have our own models.

Since Hisense not only makes TVs but also other home appliances, there are quite a few brands owned by Hisense. Hisense owns or licenses the following brands

HITACHI: Qingdao Hisense Hitachi Air Conditioning System Co., Ltd. was founded on January 8, 2003. It was jointly invested by Hisense Group and Johnson Controls Hitachi Air Conditioning in Qingdao.

SANDEN: Sanden Holding Co., Ltd. was founded in 1943. Its main business is the manufacture and sale of automotive compressors, automotive air conditioning systems and other automotive equipment. Hisense Group completed the transaction with Sanden Holdings on May 31, 2021.

Juhaohao:Hisense Group, a home Internet company, was founded in July 2016 and aims to provide the best stage services for families across the country.

Hisense began as an OEM manufacturer, custom TV sets were assembled under third-party brands, in early 2000 Hisense began to assemble TV sets under its own brand. Then Hisense began to acquire various companies, first in China and then in other continents. The most significant acquisitions were Sharp’s TV business in North America, including a factory in Mexico. Later, after disputes and lawsuits by Sharp(Sharp claimed that the televisions it produced were of poor quality, and this affected the overall attitude toward the Sharp brand), an agreement was reached to cease production of Hisense televisions with the Sharp brand beginning in 2019. Also of note was the purchase of Toshiba‘s visual solutions division. But the fate of the Toshiba brand is still unknown, as Toshiba had previously licensed the TV brand to other manufacturers such as Compal in North America and Vestel in Europe. According to Toshiba, TVs will be produced by these companies until the license expires, it is also possible to revise the license terms, it can be understood that if an agreement is reached with Hisense, the licensing terms may be renegotiated. But it is likely that when buying Toshiba, Hisense needs it to get advanced technology, these nuances will be negotiated. But they will not be widely advertised, so as not to scare the buyer, the buyer does not need to know thatToshiba TVs are not made byToshiba, but by some Vestel and Hisense.

The TVs are made from components manufactured in China at Hisense factories, with some components also purchased from other Chinese manufacturers. The televisions themselves are assembled in Hisense-owned assembly plants around the world. This is done to minimize taxes on imports of finished TVs. Hisense assembles its televisions at the following plants.

The components for the TVs are both manufactured by Hisense itself and purchased from other Chinese manufacturers. Screens are also purchased from third-party manufacturers, but Hisense does not say who the screen supplier is. Although there are only a few major screen manufacturers Samsung (which will stop producing standard LED screens from 2021), LG, BOE, AUO, Sharp. But if you believe the Chinese sites, the main supplier of screens for Hisense TVs, is the Taiwanese company Chi Mei Corporation (InnoLux Corporation) and AUO (AU Optronics).

In recent years, especially after the acquisition of the Toshiba division, the quality of TVs has improved. But I, for example, am very confused by the lack of a uniform policy of assigning TV model numbers. In each country, TVs are offered with completely different model numbers. In my opinion, the reason may be that the televisions come with different accessories. Also, I don’t like the published advertising by Hisense, in the form of ULED screens that are superior to OLED, it just can’t be.

Zheng Lingtang, Deputy General Manager of Guangzhou Port Co., Ltd., Fang Xueyu, Executive Vice President of Hisense International Marketing, and Lai Zhiyong, President of SITC Logistics Group, signed the agreement on behalf of their companies. Huang Bo, General Manager of Guangzhou Port Group, Lin Lan, Chairman of Hisense Group, Jia Shaoqian, President of Hisense Group, Yang Shaopeng, Chairman of SITC International and other leaders witnessed the signing.

Hisense is an outstanding representative of China"s national industry, with many brands such as Hisense, Kelon, Rongsheng, Toshiba TV, gorenje, ASKO and Vidda well-known all over the world. It has factories in Jiangmen and Foshan in the west of the Pearl River Delta. The Nansha Port Area of Guangzhou Port, as the only deep-water container terminal in the west of the Pearl River Delta, has the shortest logistics route to the hinterland of the source of goods in the west of the Pearl River Delta,withthe shortest collection and distribution time, and the lowest comprehensive logistics cost. Since Hisense selected the Nansha Port Area in 2016, its container throughput in the port has increased year by year, saving considerable logistics costs and expenses for the company.

SITC International is a leading shipping and logistics company in Asia, with outstanding performance in the routes to Japan, South Korea and Southeast Asia. SITC has a long history of cooperation with Hisense and Guangzhou Port. Its routes in Nansha Port Area have been continuously enriched, and its container throughput has maintained an annual growth rate of 50%. Its South China strategy has accelerated the growth of foreign trade liner routes and container volume in the Nansha Port Area of Guangzhou Port, providing a more reliable guarantee for the export of Hisense products through Nansha.

The strategic cooperation reached by the three parties realized the strong-strong alliance of the port, shipping and manufacturing companies. Guangzhou Port will give full play to the advantages of port resources and provide high-quality, efficient, convenient and economical integrated port logistics services for Hisense and SITC in terms of port handling, sea-rail multimodal transport, logistics warehousing, and combined ports with Nansha Port as the hub; SITC will take advantage of its liner routes, sea-rail multimodal transport and supply chain resources to launch more products in Nansha Port to provide stable shipping schedules, space guarantee and high-quality supply chain services for the export of Hisense products. The three parties will work together to build a more efficient, convenient and economical global supply chain channel, and make greater contributions to promoting the stability and improvement of China’s foreign trade, advancing domestic and international dual cycles, and strengthening the ability to independently control the supply chain. (Chen Wei)

HONG KONG (Reuters) - Jiangsu Rongsheng Heavy Industries Co Ltd has appointed Morgan Stanleyand JP Morganto finalize plans for its long-awaited IPO in Hong Kong, aiming to raise up to $1.5 billion in the fourth quarter, sources told Reuters on Tuesday.

This is Rongsheng’s latest bid to go public after it failed to raise more than $2 billion from a planned IPO in Hong Kong in 2008, mainly as a result of the global financial crisis.

Rongsheng"s early main shareholders included an Asia investment arm of Goldman Sachs, U.S. hedge fund D.E. Shaw and New Horizon, a China fund founded by the son of Chinese Premier Wen Jiabao.

The three investors sold off their stakes in Rongsheng for a profit early this year, said the sources familiar with the situation. Representatives for the banks, funds and Rongsheng all declined to comment.

Rongsheng’s revived IPO plan comes at a challenging time. Smaller domestic rival, New Century Shipbuilding, slashed its Singapore IPO in half last week, planning to raise up to $560 million from the originally planned $1.24 billion due to weak market conditions.

Given uncertainty in the global shipbuilding business environment as well as growing concerns over a huge flow of fund-raising events in Hong Kong, investment bankers suggest the potential size for Rongsheng could be $1 billion to $1.5 billion, according to the sources.

Rongsheng is seeking to tap capital markets to fund fast growth and aims to catch up with bigger state-owned rivals such as Guangzhou Shipyard International Co Ltd.

Rongsheng won a $484 million deal to build four ships for Oman Shipping Co last year. The vessels would carry exports from an iron ore pellet plant in northern Oman which is expected to begin production in the second half of 2010.