Hisense is a famous brand in the electronics market, with around 7% of the Smart TV market share in the US. This makes the company rank among the top 5 TV manufacturers in the US. They manufacture many products, but their TVs are well-known in the market.
If you are planning to buy a Hisense TV, you might be wondering about who makes hisense TVs and the production locations of these TVs. This article will answer all your queries and help you decide whether it’s worth buying a Hisense TV.
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History Of Hisense TVs
Hisense Group, Initially known as Qingdao No 2 Radio Factory, started in September 1969 as a radio manufacturing company and later jumped into the TV manufacturing industry. They started with black and white TV models in the early 1970s. By 1978, they produced their first TV model, CJD18.
The Chinese television industry started growing after 1979, leading to the merger of Qingdao No 2 Radio Factory with other local electronics manufacturers, forming Qingdao General Television Factory. To stay competitive, Hisense acquired technology from foreign companies like Matsushita, Hitachi, NEC, and Toshiba to manufacture their color TVs.
The Hisense group emerged in 1994 and Hisense became a publicly listed company on the Shangai Stock Exchange in April 1997. The company expanded into household appliances, computers, and communications.
Over the years, Hisense Group achieved many acquisitions, including a Mexico facility from Sharp, a controlling stake in Toshiba Visual Solutions, also the majority of shares in Slovenian manufacturer Gorenje.
In 2013, Hisense invented a transparent 3D television, and in 2020, the company introduced the world’s first true 8K 10-bit HDR screen TV based on an AI-powered HDR and image quality engine. In May 2022, Hisense launched its first 4K Fire TV with a 50-inch bezel-less display featuring ULED and Dolby Vision HDR support.
Who Makes Hisense TVs?
Hisense TVs are manufactured only by Hisense Group, an electronics company in China. The company was founded in 1969 and has become one of China’s largest electronics and TV manufacturers.
Hisense Group owns and operates the “Hisense” brand, including a wide range of TVs and other appliances. With a significant global presence and advanced manufacturing capabilities, Hisense became a famous brand in the consumer electronics market.
Hisense Group has grown into two separate companies, “Hisense kelon Electrical and Hisense Electrical”. Even though they are mentioned as two separate companies, they are generally known as “Hisense Group”. In this way, this group owns two major electronics brands “Hisense and Tochiba”.
The Hisense Group has 54 subsidiary companies, 14 production facilities, and 18 R&D centers across Central America, Europe, and South Africa. Also, the Hisense Group has been listed among China’s major stock markets.
Hisense is an OEM (Original Equipment Manufacturer) and sells some of its products under different brand names, including Gorenje, Ronshen, Toshiba, Savor, Hitachi, etc. Don’t panic when you see a TV product under the abovementioned companies because they are still Hisense products.
Who Owns Hisense TVs?
Hisense TV is owned by the Hisense Group, a Chinese electronics company founded in Qingdao, China. Initially started as radios manufacturing company, but later jumped into other home appliances markets and started manufacturing air conditioners, fridges, and TVs.
To expand the company’s reach beyond China, Hisense started trading internationally in 1985. The company started its first overseas production base in South Africa in 1986.
Here is a list of the current top 10 shareholders of Hisense company (All of them are from China):
Shareholder | Equities of shares | % of shares |
Qingdao Hisense Electric Holdings Co., Ltd. | 392,505,971 | 30.45% |
Qingdao State-Owned Assets Supervision & Administration | 216,293,231 | 16.78 % |
Harvest Fund Management Co., Ltd. | 83,457,150 | 6.474 % |
Bank of Communications Schroder Fund Management Co., Ltd. | 28,905,651 | 2.242 % |
Zhong Ou Asset Management Co., Ltd | 25,370,852 | 1.968 % |
Orient Securities Asset Management Co. Ltd. | 22,200,366 | 1.722 % |
China Southern Asset Management Co., Ltd. | 21,969,880 | 1.704 % |
Zhong Geng Fund Management Co. , Ltd. | 19,363,600 | 1.502 % |
Invesco Great Wall Fund Management Co. Ltd. (Invt Mgmt) | 7,701,541 | 0.5974 % |
GF Fund Management Co., Ltd. | 5,549,305 | 0.4305 % |
Where Are Hisense TVs Manufactured?
Hisense TVs are designed in St, Charles, Illinois, USA, and they are manufactured in Qingdao, China. Some essential components for Hisense TVs are sourced from third-party manufacturers to ensure the quality and performance of their TVs.
This design and manufacturing approach helps the brand offer reliable and competitive TVs for its customers.
Is Hisense A Good Brand?
Hisense TVs became famous among customers due to their competitive pricing and high-end products offered at a lower cost. Hisense is known for providing quality, durability, and extended warranty coverage for its TVs. As a TV buyer, it’s important for you to consider the value you’ll get for your money.
According to Hisense’s globalization strategy goal, Hisense aims to achieve $47 billion revenue by 2025, with overseas markets accounting for 50% of the total.
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When it comes to lifespan, LED TVs generally last between 4 to 10 years. Hisense TVs equipped with LED Screens offer a lifespan ranging from 5 to 10 years. You can enjoy a screen display duration of approximately 40,000 to 100,000 hours.
However, the longevity and lifespan of your Hisense TV completely depend on the factors like usage, maintenance, models of the TV, and overall rating of the TV. Overall, Hisense is a good brand choice for those looking for a reliable and budget-friendly option for their TV needs.
Price Ranges Of Hisense TVs
The price of Hisense TVs starts from $124 and rises to $270. Comparatively, other famous TV brands like Samsung and LG are more expensive. Samsung TVs range from $240 to $3,175, while LG TVs range from $258 to $2,135. Compared with other brands, Hisense is a more affordable option for customers looking for a quality TV.
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Why Are Hisense TVs So Cheap?
Hisense TVs are cheaper than other famous TV brands because they manufacture most of their larger, more expensive components, like LCD screens, in their manufacturing plants. This way, Hisense doesn’t have to pay another company to design and make those parts.
Hisense Group has 18 research and development centers and 14 production facilities worldwide. They use these facilities to create new chips and products with the latest technology. They are slowly changing parts like TV graphics chips with their own, called Hiview chips.
These advantages allow Hisense to offer competitive prices, and only companies like LG and Samsung can match their advancements.
Comparison Of Hisense TVs With Other Famous Brands
Hisense vs TCL
Hisense and TCL are the main competitors in the TV market. Both brands offer excellent value in their TVs, making both choices reliable. Hisense TVs are preferred for brightness and 4K options, while TCL is better for you if you are looking for a smaller TV with lower resolutions.
Hisense vs Vizio
Hisense and Vizio are both inexpensive, but Vizio TVs usually cost a bit more than Hisense TVs. Both brands offer gaming features in their TVs, providing excellent picture quality with deep blacks. Vizio TVs usually have better black uniformity, while Hisense TVs offer better smart features.
Hisense vs Sony
Hisense offers very good quality at an affordable price. In contrast, Sony provides advanced technologies like OLED in their high-end models. Hisense provides many features but might not match Sony’s advancements. Also, Hisense TVs are generally more budget-friendly when compared to Sony TVs.
Hisense vs LG
When choosing between Hisense and LG TVs, it’s essential to consider what each brand offers. Hisense TVs stand out for providing excellent quality at an affordable price. While LG TVs are famous for their reliability, exceptional quality, and overall high-end feel.
Hisense vs Samsung
If you want the best picture quality and also you are willing to spend a bit more on TV, Samsung is the best choice for you. However, if you are looking for an affordable TV and want good value for your money, Hisense will be your best option.
Top 3 Best Hisense TVs
Here is a list of the top 3 best TVs from Hisense:
1. Hisense R6090G
If you are looking for a TV for your home. The Hisense R6090G is the perfect option with remote control, providing a good viewing experience. It’s even better if you have a fast internet connection. Also, this model comes with a motion coordinator, a unique feature for easy channel control, making it the best option to buy.
2. Hisense 55H8G
The Hisense 55H8G Android Smart TV is fully-featured and interactive, also called Ultra Handy TV. Also, it comes with High Definition Audio and Digital Video Recording capabilities. With built-in Wifi, It can easily be connected to wireless networks like the ones in hotels and public areas.
Its thin screen is easy to clean and resistant to dirt and fingerprints. It has a bright display that consumes a little power, and the remote control works seamlessly. Overall it is an easy-to-use TV with all the basic and some advanced feature a user may need.
3. Hisense 43H4F
Hisense 43H4F LED Smart TV is a plasma screen with excellent backlighting capabilities, enhancing the user experience and allowing the user to enjoy bright light during long hours of watching.
It is one of the latest and most popular TV models, offering great benefits at a very reasonable price. With a long lifespan and efficient LED lights, it works for years. Also, the touch-screen capability makes it easy to use and a smart choice for home entertainment.
FAQs (Who Manufacture Hisense TVs)
Who Makes Hisense TVs
Hisense TVs are exclusively made by China’s Hisense Group, a major electronics firm founded in 1969. Known for the “Hisense” brand, it’s a leading TV and appliance manufacturer globally. Despite separate names like “Hisense kelon Electrical” and “Hisense Electrical,” they collectively form the powerhouse “Hisense Group,” also owning brands like “Toshiba,” the group maintains 54 subsidiaries, 14 production units, 18 R&D centers, and stock market listings in China.
Does Samsung own Hisense?
No, Hisense is not owned by Samsung. Hisense is a separate Chinese multinational company famous for manufacturing various electronic products, including TVs, refrigerators, and smartphones.
Is Hisense a good brand?
Hisense TVs are reliable, with an average lifespan of around 5 years. However, some people also reported that Hisense customer service is not as good as other famous TV brands.
Is Hisense better than Samsung?
It completely depends on individual preferences and specific product models. Samsung is a renowned brand in the electronics industry, known for its innovation and high-quality products. In contrast, Hisense focuses on providing more budget-friendly TVs.
Is Hisense TV better than LG?
The comparison between Hisense TVs and LG TVs depends on specific models and individual preferences. LG TVs are famous for providing high-quality displays, while Samsung is famous for offering competitive prices.
Is Hisense better than Sony?
If you want a budget-friendly TV with a better contrast ratio, brighter screen, and quicker response time, Hisense is the best choice. However, Sony is the best option if you are looking for a TV with out-of-the-box color accuracy, better build quality, and better gradient handling.
Conclusion
In conclusion, Hisense TVs are manufactured in China, while their designs are made in the USA. Hisense is a famous electronics brand offering a combination of affordability and reliability. It is important to note that Hisense and LG are completely different companies. They are competitors in the TV market.
Hisense has roots in China, and the brand is famous worldwide for its affordable and high-quality TVs. After reading this article, I trust you now have a clear understanding of who makes Hisense TVs and where they are manufactured. If you still have any questions, you can ask in the comments.
My name is Jaxon and I am author on whomakethis.com, a website that explores the brands and manufacturers of various products. I have a degree in economics and a passion for writing and researching. Besides writing, I like to stay fit and read history books.