KONKA Announces Business Strategy to Expand into GCC Region

DUBAI, UAE, Nov. 30, 2022 /PRNewswire/ — KONKA Group Co., Ltd. (“the Enterprise” 000016.SZ), a major technologies business, is established to ramp up business enterprise enlargement in the Gulf Cooperation Council (GCC) area with a concentration on strengthening partnerships to raise its retail footprints and launch a sequence of new goods tailor-made to the life of regional shoppers.

The announcement comes on the heels of an special distribution arrangement the Corporation inked for the area, which will see the pair doing the job to raise their regional progress by adding new item categories and expanding KONKA’s gross sales channels to reach a wider customer foundation in new markets. Riding on the robust momentum in the location, KONKA plans to seize 2 % of the marketplace by 2023 and additional enhance the determine in the upcoming 5 decades.

Folks transform toward in-house entertainment more these days, major to a notable increase in sensible TVs that includes functioning units and excellent audio-visual programs as platforms for customers to access their favourite exhibits. The persistent calls for for TVs, coupled with a sharper concentrate of end users on picture and sound high quality, fuels the development of streaming solutions and the growth of Tv set know-how, with systems these as 4K UHD, HDR, 5G, and OLED having transformed the way folks working experience the viewing and listening articles on their TVs.

To fulfill the customers’ wants, KONKA carries on to scale up the financial investment in the R&D and generation of its Television offerings, equipping its goods with the newest capabilities and assisting people simply create their dwelling-theatre setups. Whilst growing its worldwide presence, KONKA prioritizes giving localized products and services by good-tuning its Television set functioning system so buyers across the area can enjoy their neighborhood enjoyment possibilities and setting up regional after-income teams.

“Customer fulfillment sits at the coronary heart of our company technique, so our purpose in the region is to forge sound and long-lasting partnerships to enhance our expert services and supply more value to our conclude-consumer,” explained Hursh Agrawal, head of KONKA’s manufacturer small business in the GCC. “KONKA has turn into a go-to brand for clients all over the world, providing a large range of TVs loaded with WebOS, Android, and Netflix OS. Now, we have set up a robust foothold in Saudi Arabia, Kuwait, Bahrain, and the United Arab Emirates, and approach to enter Oman and Qatar in the in the vicinity of future.”

About KONKA Group Co., Ltd.

As a platform-based firm pushed by technological innovation, KONKA’s business scope addresses consumer electronics goods, semiconductor know-how, eco-friendly technology, industrial parks, platform company, and investment & finance. Founded in 1980, KONKA is China’s first Sino-international joint shopper electronics business that has been mentioned on Shenzhen Stock Trade.  Considering that 1999, KONKA has been ranked amongst China’s major 100 ideal providers and has also been named 1 of the “Top 10 most valuable makes in China“.  With once-a-year revenue of above $7. billion, KONKA has far more than 40 subsidiaries, 200 revenue offices, much more than 3,000 company outlets and over 15,000 employees.

For much more info, you should take a look at www.konkaglobal.com.

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Source KONKA Team Co., Ltd