Hisense TV sales is expected to surpass LG in the second half of 2020

Gene

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Hisense has implemented 5G and video resolution chips in small batches. 8K online broadcast technology, which is another growth point of Hisense. Based on Hisense's product launch pace and sales growth rate over the past three years, it is expected to surpass LG's sales in the second half of 2020.

Electrical appliances enterprise has been relatively stable industry,In the first quarter of this year, home appliance industry is still in a lot of negative growth, according to a quarterly earnings data disclosure, LCD TV industry relative to the same period last year, fell by 26% on average, including samsung decline more than 30%, hisense decline lowest, but also reduced by 16.5% year-on-year. Of course, there is another reason, is the rise of home appliances with the Internet, so that the market share of traditional home appliances, was carved up a part.

In the first quarter of 2020, Hisense TV was the home appliance company with the lowest sales decline globally (global top 10 comparison). Meanwhile, what did Hisense do? In one fell swing4 series, more than 30+ TV models, covering the mid-to-high end of the market from 55 inches to 100 inches.

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