On June 12, Skyworth announced its financial results for the 2017/18 financial year. The financial report shows that during the period, Skyworth Group’s turnover was 46.26 billion Hong Kong dollars, an increase of 8.0% from the previous year. In response, some media commented that in the last year, the home appliance industry was especially Under the general trend of color TV companies under pressure from gross margins, Skyworth’s V-shaped bottom-line rebound is not easy. This also proves that sustained high investment in R&D has been rewarded, and productivity driven by technological innovation has been fully transformed. One step closer to the one hundred billion goal.
Black technology has more flowers, Skyworth rushes to 100 billion
Low profile is the first impression that Skyworth gives. It speaks with data and strength. It is Skyworth's 'treaty principle'. The gratifying financial report is naturally reminiscent of the 30th anniversary of Skyworth’s recent scientific and technological achievements exhibition. A large number of the latest 'black technology' The introduction of the stunning strategy of ''Amazing Debut'' and the transformation and upgrading of the ''1334'' strategy in the next five years will make Skyworth no longer able to keep a low profile.
Skyworth's 30th Anniversary Scientific and Technological Achievements Exhibition focuses on Skyworth's intelligent modern living system scene experience, including smart audio and video entertainment systems, smart security systems, smart office systems, intelligent ice wash systems and other eight residential systems. Covers Cool Open System + DuerOS Artificial intelligence technology, support ATMOS 7.1-channel panoramic sound, with screen smart speaker, smart TV, ice wash products, etc. Such a complete product matrix layout and in-depth integration with the Internet technology, is one of the few in the Chinese TV industry .
Under the strong technical strength, Skyworth proposed the '1334' strategy, a general strategy for transformation and upgrading in the next five years, that is, to realize the goal of achieving 100 billion revenues, implement three strategies of intelligence, refinement, and internationalization, and promote the Group. The headquarters base, Guangzhou smart manufacturing base, and Zhangzhou intelligent manufacturing base are the three major bases for building multimedia, smart appliances, intelligent system technology and modern service industry.
Based on technological innovation, continue to lead the Chinese manufacturing industry
With China’s 100-year goal of transforming itself from a manufacturing power to a manufacturing powerhouse, 'Made in China' has begun to make strides toward 'Chinese quality' and 'China's wisdom'. As a benchmarking company in the Chinese manufacturing industry, it has taken a stand. In the year of Skyworth, keeping pace with the development trend of the times, continuing to increase investment in R&D, adhering to technological innovation, it has become a well-established 'strength pie' in the television industry and continues to lead the Chinese manufacturing industry.
In the past 30 years, Skyworth has established 10 global R&D centers in Shenzhen, Nanjing, the United Kingdom, and Austria. It continues to promote the development and innovation of new television technologies, from black and white to color, from analog to digital, and from network to intelligence iterative updates. It is worth mentioning that Skyworth is a leader in OLED and AI technology.
OLED is a self-luminous display technology based on organic thin films. It has many advantages such as ultra-thin, ultra-wide viewing angle, flexible and curlable, high color gamut, and transparency. It is known as Skyworth, the leading brand of China OLED TV, in OLED TVs. The market continues to sprint. According to Quzhi's consulting data, Q1 global OLED TV shipments reached 510,000 units in 2018, a significant year-on-year increase of 127%. Among them, Skyworth ranks first among Q1 branded OLED TVs in China, globally. Fourth, become a hot mainstream brand in the high-end TV market.
In addition, Skyworth's mastery of AI's core technologies not only provides users with a superior product experience, but also demonstrates Skyworth's ambition to expand its ambition in smart life. Skyworth's independently researched and developed AI quality chip 'Hummingbird', through AI technology Searching, recognizing and reconstructing image objects, accurately improving the image quality, and instantly restoring high-quality images with extreme sensibility. The TV looks more realistic and makes people feel like they are on the ground. Skyworth's AI technology The layout attracted Baidu's attention. On March 16, 2018, Baidu and Skyworth jointly announced that they had reached a comprehensive strategic cooperation. Baidu Strategic Investment Skyworth Co., Ltd.'s Shenzhen Kukai Network Technology Co., Ltd., Baidu's dialogue AI operating system DuerOS will be with Kukai. System to achieve full docking.
From domestic 'color TV players' to global household appliances giants, from swords and fingers clubs, to smart homes, smart cities, Skyworth has accumulated 30 years of development, and has been at the top of the industry in terms of product innovation and industrial layout. Through the implementation of the overall transformation and upgrade strategy in the next five years, Skyworth will restructure the corporate value chain, improve the industrial ecological chain, further increase market share and corporate profitability, and accelerate progress towards the one hundred billion strategic goal.
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