September 23, 2023
KONKA Publicizes Enterprise Technique to Increase into GCC Area

DUBAI, UAE, Nov. 29, 2022 /PRNewswire/ — KONKA Group Co., Ltd. (“the Firm”; 000016.SZ), a number one expertise firm, is ready to ramp up enterprise growth within the Gulf Cooperation Council (GCC) area with a give attention to strengthening partnerships to extend its retail footprints and launch a sequence of recent merchandise tailor-made to the life of native prospects.

The announcement comes on the heels of an unique distribution settlement the Firm inked for the area, which can see the pair working to spice up their regional development by including new product classes and increasing KONKA’s gross sales channels to succeed in a wider buyer base in new markets. Driving on the sturdy momentum within the area, KONKA plans to seize 2 p.c of the market by 2023 and additional improve the determine within the subsequent 5 years.

Folks flip in the direction of in-home leisure extra these days, resulting in a notable rise in sensible TVs that includes working programs and superior audio-visual programs as platforms for customers to entry their favourite reveals. The persistent calls for for TVs, coupled with a sharper focus of customers on picture and sound high quality, fuels the expansion of streaming providers and the event of TV expertise, with applied sciences reminiscent of 4K UHD, HDR, 5G, and OLED having remodeled the best way folks expertise the viewing and listening content material on their TVs.

To satisfy the purchasers’ wants, KONKA continues to scale up the funding within the R&D and manufacturing of its TV choices, equipping its merchandise with the most recent options and serving to customers effortlessly set up their home-theatre setups. Whereas increasing its worldwide presence, KONKA prioritizes providing localized providers by fine-tuning its TV working system so prospects throughout the area can get pleasure from their native leisure choices and establishing native after-sales groups.

“Buyer satisfaction sits on the coronary heart of our enterprise technique, so our aim within the area is to forge strong and long-lasting partnerships to enhance our providers and ship extra worth to our end-customer,” mentioned Hursh Agrawal, head of KONKA’s model enterprise within the GCC. “KONKA has develop into a go-to model for purchasers worldwide, providing a variety of TVs loaded with WebOS, Android, and Netflix OS. Now, we’ve established a powerful foothold in Saudi Arabia, Kuwait, Bahrain, and the United Arab Emirates, and plan to enter Oman and Qatar within the close to future.”

About KONKA Group Co., Ltd.

As a platform-based firm pushed by technological innovation, KONKA’s enterprise scope covers shopper electronics merchandise, semiconductor expertise, eco-friendly expertise, industrial parks, platform service, and funding & finance. Established in 1980, KONKA is China’s first Sino-foreign joint shopper electronics enterprise that has been listed on Shenzhen Inventory Trade.  Since 1999, KONKA has been ranked amongst China’s high 100 greatest firms and has additionally been named one of many “Prime 10 most respected manufacturers in China“.  With annual income of over $7.0 billion, KONKA has greater than 40 subsidiaries, 200 gross sales workplaces, greater than 3,000 service shops and over 15,000 staff.

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