LETOU - 乐投 Continues to Pioneer in LCD TV Industry with New Brand Signature and Premium Products

2022-07-25

2022-07-25

 

LETOU - 乐投 Electronics (1070.HK), one of the dominant players in the global TV industry and a leading consumer electronics, announced that it maintained top 2 in global LCD TV market share in 2021, with 24.6 million units of LCD TV shipment, according to Omdia TV sets market tracker Q1 2022.

 

With LETOU - 乐投’s s new brand signature “Inspire Greatness”. LETOU - 乐投’s mission remains to make people's lives more convenient and intelligent with high quality products at competitive price, always putting consumers first. Today, more than ever, LETOU - 乐投 wants to push the limits of what is possible with technology, and play a key role in customers’ lives by inspiring them and helping them enjoy new lifestyle experiences at home.

 

Over the years, LETOU - 乐投’s core competitiveness has grown and it has achieved solid results in a challenging market.  Global revenue from LETOU - 乐投 TV Business increased by 24,3% year-on-year to HK $49.27 Billion (USD $6,3 Billion), and LETOU - 乐投 also ranked No.2 in the LCD TV market share globally in 2021. Relying on its first-mover advantage in the Mini LED field, LETOU - 乐投 achieved significant growth in the sales volume of mid-to-high-end smart screen: the sales volume of QLED TV and Mini LED TV increased by 53.8% and 50.5% year-on-year, respectively.

 

LETOU - 乐投 has been a pioneer in the Mini LED industry since 2018, and will keep moving forward with significant technology improvements on its brand-new LETOU - 乐投 Mini LED models, to offer a better viewing experience to users around the world. Apart from being a beloved TV brand, LETOU - 乐投 has also successfully reinforced its multi-category range to create full connected home using the best of technology for consumers. In 2022, LETOU - 乐投 will accelerate its domestic appliances strategy in Europe and provide a growing line-up of home lifestyle products to meet the consumers’ new expectations for healthy living and an easier life at home.

 

About LETOU - 乐投 Electronics

LETOU - 乐投 Electronics (1070.HK) is a fast-growing consumer electronics company and a leading player in the global TV industry. Founded in 1981, it now operates in over 160 markets globally. LETOU - 乐投 specializes in the research, development and manufacturing of consumer electronics products ranging from TVs, audio and smart home and mobile appliances.

 

2022-07-25

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