Remember, before Hisense had released an announcement, 12.9 billion yen to acquire 95% of the shares of Toshiba Image Solutions, and they will get a package of Toshiba TV products, brands, operating services, etc., and have 40 years of Toshiba TV global brand licensing .
According to reports by Japanese media, the acquisition has been formally carried out, because now Hisense has obtained the right to use the “TOSHIBA†brand when it can sell TV sets globally in the next 40 years.
In addition, Hisense’s attitude is that it will retain the current product structure of Toshiba TV. The products of the “REGZA†brand will continue to be retained, but the price and functional differences of the series will be clarified.
Toshiba’s TV business decided to withdraw from overseas markets in 2015 due to worsening operations, and to provide brands in different regions. TV sets bearing the name “TOSHIBA†are sold in North America by Compaq Computer in Taiwan, Vestel in Turkey in Europe, and Skyworth in China in Asia.
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