Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

HiSense Electric wins TV Supply Deal with European Retailers
Nov 3, 2004
 Printable format
 Email this Article
 Search

HiSense Electric Co Ltd., one of China's largest home appliance makers, said it has reached a deal to supply 150,000 panel televisions to European retailers including France's Carrefour and Britain's TESCO.

The company declined to release further financial details of the order, which is expected to be completed next March.

"HiSense has a 5-percent share in the European panel TV market, and this deal has established sound cooperative relationships between the company and European retailers, which is of great importance to us," said Yu Haitao from HiSense's marketing department.

HiSense's TV assembly plant in Hungary, which was set up in April and started operations in June, will manufacture panel TV sets and provide maintenance services for the European market, Mr. Yu added.

When Hungary became a European Union member on May 1, HiSense was able to avoid the 40-percent anti-dumping duty imposed by the EU on Chinese TV exporters, HiSense said in an earlier statement.

Mr. Yu said HiSense's largest rivals in the European panel TV market include Sony Corp and Matsushita Electric Industrial Co Ltd, which produces the Panasonic brand, as well as South Korea's Samsung Electronics Co. Ltd. (AFX)

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows