Is Hisense owned by Samsung? [2024]

Have you ever wondered if Hisense, the popular Chinese multinational major appliance and electronics manufacturer, is owned by Samsung? In this article, we will delve into this question and provide you with a comprehensive answer. We’ll explore the background and history of both companies, compare their products, and address common questions and misconceptions. So, let’s dive in and find out the truth about the relationship between Hisense and Samsung.

Quick Answer

No, Hisense is not owned by Samsung. While both companies are major players in the electronics industry, they are separate entities with their own unique ownership structures and business operations. Hisense is a Chinese multinational company founded in 1969, while Samsung is a South Korean conglomerate that was established in 1938. Although they compete in the same market, they are independent competitors rather than subsidiaries or partners.

Quick Tips and Facts

• Hisense is a Chinese multinational major appliance and electronics manufacturer founded in 1969.
• Samsung is a South Korean conglomerate that was established in 1938 and operates in various industries, including electronics.
• Hisense and Samsung are separate companies with their own ownership structures and business operations.
• Both companies produce a wide range of consumer electronics, including televisions, refrigerators, and smartphones.
• Hisense is known for offering budget-friendly options, while Samsung is recognized for its high-end products and innovative technologies.

Background: Hisense and Samsung

To understand the relationship between Hisense and Samsung, let’s take a closer look at the background and history of both companies.

Hisense

Hisense, also known as “Highsense Infotech,” is a Chinese multinational major appliance and electronics manufacturer. The company was founded in 1969 in Qingdao, China, and initially focused on manufacturing radios. Over the years, Hisense expanded its product portfolio to include televisions, refrigerators, air conditioners, washing machines, and other household electronics and appliances.

Today, Hisense is one of the leading consumer electronics brands globally, with a strong presence in both domestic and international markets. The company operates 13 manufacturing facilities in China to meet the growing demand for its products worldwide. Hisense sells its products under various brand names, including Gorenje, Combine, Hisense-Hitachi, Kelon, Ronshen, Toshiba, and Sharp.

Samsung

Samsung, on the other hand, is a South Korean conglomerate that was established in 1938. The company started as a trading company and gradually expanded into various industries, including electronics, shipbuilding, construction, and finance. Samsung Electronics, the subsidiary responsible for the company’s electronics division, was founded in 1969.

Samsung Electronics is renowned for its innovative technologies and high-quality products. The company produces a wide range of consumer electronics, including smartphones, televisions, refrigerators, washing machines, and more. Samsung has established itself as a global leader in the electronics industry, competing with other major brands like Apple, LG, and Sony.

Hisense vs. Samsung: A Comparison

Now that we have a better understanding of the background and history of both companies, let’s compare their products and explore the similarities and differences between Hisense and Samsung.

Televisions

Both Hisense and Samsung offer a wide range of televisions to cater to different consumer needs and budgets. Hisense TVs come in several varieties, including Laser TVs, 4K ULED TVs, 4K UHD TVs, and HD TVs. These TVs are known for their affordability and value for money. Hisense also offers smart TVs powered by the Android operating system, providing users with access to a wide range of apps and streaming services.

Samsung, on the other hand, is known for its high-end televisions with cutting-edge technologies. The company’s QLED TVs offer stunning picture quality, vibrant colors, and impressive contrast. Samsung also offers a range of smart TVs powered by its own Tizen operating system, providing a seamless user experience and access to popular streaming platforms.

Refrigerators

Both Hisense and Samsung manufacture refrigerators with various features and designs. Hisense refrigerators are known for their durability and reliability. They offer a range of models, including French door refrigerators, side-by-side refrigerators, and top-mount refrigerators. Hisense refrigerators also feature a dual-tech cooling system, which helps maintain ideal humidity levels and prevents odor transfer between compartments.

Samsung refrigerators, on the other hand, are known for their innovative features and sleek designs. The company offers a wide range of models, including French door refrigerators, side-by-side refrigerators, and bottom-freezer refrigerators. Samsung refrigerators often come with advanced features like FlexZone™, which allows users to convert freezer space into additional refrigerator space, and Family Hub™, a touchscreen display that provides access to recipes, calendars, and entertainment.

Smartphones

While Hisense is not as well-known in the smartphone market as Samsung, the company does produce smartphones for both domestic and international markets. Hisense smartphones offer a range of features and specifications, catering to different user preferences and budgets. However, Samsung is a dominant player in the smartphone industry, known for its flagship Galaxy series and innovative technologies. Samsung smartphones are recognized for their high-quality displays, powerful processors, and advanced camera systems.

FAQ

Who is Hisense owned by?

Hisense is a publicly traded company with its own ownership structure. It is not owned by any other company. The company operates independently and competes with other major players in the electronics industry.

Is Hisense as good as Samsung?

The quality of Hisense and Samsung products can vary depending on the specific model and series. While Samsung is known for its high-end products and innovative technologies, Hisense offers budget-friendly options without compromising on quality. Ultimately, the choice between Hisense and Samsung will depend on your specific needs, preferences, and budget.

Read more about “Is TCL a Good Brand? …”

Is Hisense a reliable brand?

Hisense is a reputable brand in the consumer electronics industry. The company has been in operation for over 50 years and has established a strong presence in both domestic and international markets. Hisense products are known for their durability and reliability, lasting a long time before requiring maintenance or repairs.

Read more about “What Company Makes TVs? …”

Do Hisense use LG panels?

Hisense manufactures its own panels for its televisions. While the company may source components from various suppliers, including LG, it is not accurate to say that Hisense exclusively uses LG panels. Hisense has its own manufacturing facilities and capabilities to produce panels for its TVs.

Conclusion

In conclusion, Hisense is not owned by Samsung. Both companies are major players in the electronics industry, but they operate independently and have their own ownership structures. Hisense is a Chinese multinational major appliance and electronics manufacturer, while Samsung is a South Korean conglomerate with diverse business operations. While Hisense offers budget-friendly options, Samsung is known for its high-end products and innovative technologies. When choosing between Hisense and Samsung, consider your specific needs, preferences, and budget.

Thank you for reading our article on whether Hisense is owned by Samsung. We hope this information has been helpful in clarifying any misconceptions and providing you with a better understanding of the relationship between these two companies. For more information on TV brands and comparisons, check out our other articles on TV Brands™.