Article: HISENSE ELECTRIC HAS EXITED THE CRT TV MARKET


AsiaInfo Services
09-17-2009
Hisense Electric Has Exited the CRT TV Market

QINGDAO, Sep 17, 2009 (SinoCast Daily Business Beat via COMTEX) -- Hisense Electric Co., Ltd. (SHSE: 600060) has exited the CRT TV market entirely by now, the leading Chinese TV maker announced on September 17, 2009.

The company will focus on flat-panel TVs in future, especially LED TVs. It captured a 16.99% share of the nation's total LCD TV sales volume in the first seven months, ranking first. Besides, its flat-panel TV sales volume is predicted to hit 7 million in the full year 2009; and domestic flat-panel TV sales volume 5 million, taking above 20% of the domestic market, said Liu Hongxin, general manager of ...

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