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Hisense Ranks Global No.2 in Q3 2024 High-End TV Market

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Hisense Ranks Global No.2 in Q3 2024 High-End TV Market
Business

Business

Hisense Ranks Global No.2 in Q3 2024 High-End TV Market

2024-12-02 17:00 Last Updated At:17:15

QINGDAO, China, Dec. 2, 2024  /PRNewswire/ -- Hisense, a leading brand in global consumer electronics and home appliances, is reaping the rewards of its premium TV strategy, ranking second with a third-quarter global high-end TV market share of 24% and placing No.1 in China, according to new data from leading international market research institute Counterpoint Research.

In Q3, the overall high-end TV market enjoyed a historic 51% year-on-year shipment volume in the global marketplace. The shipment volume of Mini LED TVs recorded a staggering 102% year-on-year increase, surpassing the shipment volume of OLED TVs. Whilst the shipment volume for OD-LCD TVs also grew by more than 50%, with quarterly shipment volume breaking through 4 million units for the first time.

Hisense leads the way amongst Chinese brands with its successful premium TV strategy, opening the overseas high-end market for high-value Laser TVs with price points in the $3,000-$5,000 range. The Xbox certification announced this year further demonstrates Hisense's technical prowess and competitiveness with its high-end product lines.

Recognized as the World's No.1 in the 100-inch TV market, Hisense has set the trend in large-screen TV's, in delivering ever-richer experiences to consumers. This has included bringing immersive gaming experiences through its cooperation with the groundbreaking "Black Myth: Wukong", becoming the game's official TV partner and delivering customized gaming modes. As a result, between January and September, Hisense's TV sales volume of 100-inch and above across some 20 countries including Japan, Germany, Italy, the UK, France, and Spain, ranked first in the industry.

In addition, Hisense also significantly raised its brand visibility and recognition of its technology and product strength in sponsoring global sporting events such as partnership with FlFA Club World Cup 2025â„¢. Hisense's AI TV technology enables users to appreciate an unparalleled HD visual feast, whilst delivering content-rich information on the sporting events themselves.

Hisense continues to explore innovation in AI TV technology leadership, supporting personalized content and intelligence-based interactions, leading the pursuit of new trends in its ambition to forge the future of smart home entertainment.

About Hisense

Hisense is a leading global home appliance and consumer electronics brand. According to Omdia, Hisense ranked No. 2 globally for TV shipments and No. 1 in 100" TVs in both 2023 and H1 2024. The company has expanded quickly to operate in more than 160 countries and specializes in multi-media goods, home appliances, and intelligent IT information.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Hisense Ranks Global No.2 in Q3 2024 High-End TV Market

Hisense Ranks Global No.2 in Q3 2024 High-End TV Market

KOTA KINABALU, Malaysia, Dec. 2, 2024 /PRNewswire/ -- European Wellness Biomedical Group (EWBG), a global leader in regenerative medicine, has unveiled a groundbreaking study led by renowned expert Prof. Mike Chan on the physiological challenges aging athletes face. The analysis explores how age impacts athletic performance, highlighting how regenerative medicine can help extend careers and enhance performance for aging athletes.

"Aging shouldn't be a barrier to peak performance in sports, with stamina and endurance," says Prof. Mike Chan, who aims to redefine athletic potential through regenerative medicine.

The study reveals that aging significantly affects stamina, endurance, and balance in athletes. Prof. Chan's vision is to help athletes overcome age-related limits and maintain peak performance.

This comes after a recent high-profile boxing match where an aging legend faced a younger, more active opponent. Despite the legendary status of the older athlete, his performance was hindered by the physical decline caused by age, struggling to maintain intensity throughout the match. This sparked widespread discussions on how aging impacts athletes, especially in high-intensity sports, reinforcing the study's focus on how regenerative medicine can counteract these challenges.

Prof. Chan explains, "Aging affects not only muscles but also critical systems like the heart, lungs, and adrenal glands, which are vital for stamina and endurance."

The study identifies key areas affected by aging, beginning with the heart. "The heart begins to age around 40, and its efficiency can halve by age 70," notes Prof. Chan. "This decline directly impacts stamina, limiting an athlete's ability to sustain high levels of performance, especially in endurance sports."

The adrenal glands, crucial for bursts of energy and recovery, also decline with age. "Adrenal health is critical during intense physical exertion," explains Prof. Chan. "As these glands weaken, endurance and recovery slow down, reducing overall athletic output."

Brain health is another significant factor. Prof. Chan highlights how aging affects the hippocampus and prefrontal cortex, areas vital for coordination, reaction time, and decision-making. "Decline in these brain regions can make it harder for athletes to stay sharp under pressure," he says.

The recent boxing match, where an aging athlete struggled to compete against a younger, fitter opponent, serves as a poignant example of these issues. This further emphasizes Prof. Chan's belief that regenerative medicine is key to helping aging athletes overcome these limitations and perform at their highest level for longer.

Despite these challenges, Prof. Chan is optimistic about regenerative medicine's potential to reverse biological aging. "At European Wellness, we focus on the holistic rejuvenation of the heart, lungs, adrenal glands, and brain. Our systemic approach aims to enhance stamina, balance, and endurance, offering athletes a renewed capacity for peak performance," he explains.

"Without proactive intervention, the functional decline of these areas quickly affects overall performance," says Prof. Chan. "Regenerative medicine provides an opportunity to not only extend athletic careers but also to redefine what aging athletes can achieve."

EWBG continues to lead the way in regenerative medicine with its innovative treatments, by addressing the biological effects of aging. The European Wellness Premier Center in Kota Kinabalu is at the forefront of these advancements, helping individuals not only look youthful but also feel and perform better, regardless of age.

For more information on EWBG's pioneering work in regenerative medicine, visit https://european-wellness.eu

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

European Wellness Biomedical Group, Headed by Prof. Mike Chan, Releases New Study on Bioregenerative Blueprint for Athletic Longevity

European Wellness Biomedical Group, Headed by Prof. Mike Chan, Releases New Study on Bioregenerative Blueprint for Athletic Longevity

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