Hisense - Consumer Electronics & Home Appliances

Brand origin and headquarters

Hisense is a Chinese multinational consumer electronics and major-appliance group that began in 1969 as the Qingdao No. 2 Radio Factory and is headquartered in Qingdao, Shandong, China. (en.wikipedia.org)

Products and manufacturing footprint

The group designs and manufactures televisions, refrigerators, air conditioners, washing machines, mobile devices and other consumer electronics and home appliances. Manufacturing and R&D are concentrated in China (multiple industrial parks and production bases), and the company has expanded local production and industrial parks overseas — including facilities and partnerships in regions such as Europe, Africa, Mexico and others — so products are manufactured in multiple countries. (en.wikipedia.org)

Ownership and corporate structure

Hisense Group is a publicly traded, mixed-ownership conglomerate with multiple listed subsidiaries. Substantial state-linked ownership and ultimate beneficial control rest with Qingdao municipal government entities (via the local SASAC), while operational control is exercised through the group and its listed arms (e.g., Hisense Visual Technology and Hisense Home Appliances). This gives Hisense a blended ownership profile: publicly listed companies and significant municipal/state stakeholders. (techjunctions.com)

Global presence and subsidiaries

Hisense maintains numerous international subsidiaries and regional offices for distribution, sales, service and localized manufacturing (for example, Hisense USA, Hisense Europe and Hisense South Africa), and continues to invest in overseas production capacity to support regional markets. (linkedin.com)