Hisense

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. Hisense is also an OEM, so some of its products are sold to other companies and carry brand names not related to Hisense.

Hisense Co., Ltd. (Hisense Group)
Native name
海信有限公司
Romanized name
Hǎixìn Yǒuxiàn Gōngsī
Company typePublic company
Traded as
Industry
PredecessorQingdao No. 2 Radio Factory
FoundedSeptember 1994 (1994-09)
Headquarters
Qingdao, Shandong
,
China
Area served
Worldwide
Products
  • Mobile phones
  • Smartphones
  • Televisions
  • Air conditioners
  • Refrigerators
  • Washing machines
  • Ovens
RevenueUS$18.3 billion (2019)
US$288.59 million (2018)
Net income
US$1.14 billion (2019)
OwnerQingdao Hisense Electric Holdings Co., Ltd. (29.9%)
Subsidiaries54 companies and offices
Websiteglobal.hisense.com
Hisense
Chinese海信
Traditional Chinese海信
Simplified Chinese海信

Two major subsidiaries of Hisense Group are listed companies, Hisense Visual Technology (SSE: 600060) and Hisense H.A. (SEHK: 921, SZSE: 000921). Both had a state ownership of over 30% via Hisense holding company before the end of 2020.

Hisense Group has over 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.

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