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Hisense share sale to help LCD panel production

Business | Home appliance
2009-7-3

TELEVISION maker Hisense Electric yesterday announced shareholders had approved a plan to raise about 1.5 billion yuan (US$219.6 million) to increase its production of liquid crystal display panels. Hisense, one...

Phone permits

Business | Information industry
2008-2-2

CHINA has awarded permits to ZTE Corp, Samsung Electronics Co and four other mobile-phone makers to sell handsets based on a locally developed standard, the China Securities Journal said. The other handset makers...

Hisense annual profit rises 50%

Business | Home appliance
2008-1-30

HISENSE Electric Co Ltd said yesterday that its 2007 net profit increased more than 50 percent from a year earlier due to rising sales of flat-panel televisions. Hisense, one of China's biggest TV manufacturers,...

Investment in five production lines

Business | Machinery manufacturing
2007-9-21

HISENSE Electric Co Ltd plans to invest 700 million yuan (US$93.19 million) in five production lines to make modules of liquid crystal display televisions, the Shandong Provincebased company said in a statement to...

Hisense gets writ for trademark abuse

Business | Lawsuits and scandals
2004-9-13

SIEMENS AG is suing Chinese consumer electronics maker Hisense Electric Co in German courts for allegedly violating Siemens' HiSense washing machine trademark, the Beijing Youth Daily reported, citing officials from Qingdao-based Hisense.

Changhong declines

Business | Light industry
2002-1-28

SICHUAN Changhong Electric Co., China's largest television maker, and rival Hisense Electric Co. said last year's profits dropped by more than half over those in 2000 because of price cuts. Changhong Electric said sales in 2001 were unchanged at 10.7 billion yuan (US$1.3 billion), compared with those in the previous year. The price cuts and increased inventory lowered profit margins and contributed to a decline in earnings.

Hisense slashes prices of digital TVs

Business | Light industry
2001-8-8

FOLLOWING poor performance of most Chinese television manufacturers in the first half of this year, Hisense Electric Co. Ltd. recently announced plans to cut prices of its high-end TV sets starting tomorrow.