Pervasive intelligence: The new sales assistant for the digital age

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Supiya Balakul, Managing Director, Products, Accenture in Thailand
Supiya Balakul, Managing Director, Products, Accenture in Thailand

Pervasive intelligence: The new sales assistant for the digital age

Economy May 01, 2018 01:00

By SPECIAL TO THE NATION

AS TRADITIONAL retailers up their game against the disruptive digital pure plays, they’re rediscovering an essential attribute: their purpose.

It’s this which ultimately differentiates how they offer, how they sell and how they operate. And the most successful are blending their core purpose with advanced digital technologies to maximize operational efficiency and experiment with new forms of in-store engagement. It’s all about taking the best of the digital and the best of the physical to forge stronger, more powerful connections with customers — and making a clear declaration of who they are and what they are here to do.

These ideas are at the heart of this year’s Accenture Technology Vision, which identifies a series of current technology trends with critical implications for retailers today. Here’s how retail leaders are using technology and purpose to regain the advantage in the digital economy.

 

Stores Fight Back

The number of brick-and-mortar retail stores may be falling, but thanks to increasing connectivity and digitization, they’re becoming far more impactful at the same time. This reflects two key trends from the Technology Vision: Extended Reality (using immersive experience to bring customers closer to the brand) and Internet of Thinking (bringing intelligent environments to life using connectivity, robotics and AI). In the digital world consumers now live in, we are seeing their expectations between “brick & click” continue to blur, and the stores of tomorrow will need to reflect this.

We see it in the “magic mirrors” at Tommy Hilfiger’s London store. We see it in Gap’s digital dressing room, allowing customers to ‘try on’ clothes through their smartphones. It’s also there in the digital shelf edges offering dynamic and engaging messages to shoppers, and in the video analytics used to better understand in-store shopping and promotion targeting.

It’s about taking the in-store customer experience to a new level. Smarter checkouts, like those at Zara’s flagship Madrid store and Rebecca Minkoff’s New York store, let customers check out digitally, regardless of the cost of purchase. And in China, Alibaba-developed technology even lets KFC customers pay using facial recognition.

 

Intelligent selling

The blurring line between digital and physical calls for new kinds of commerce architectures. For high-value, low-volume retailers, it likely means pre-integrated SaaS models. For lower-value, high-volume retailers, it means a “headless” architecture, built like a platform, and using open-source solutions widely, to address ubiquitous commerce.

Why? Because POS is rapidly becoming “point of service,” where every touch point is tightly integrated across shopping carts, transactions, history and returns, and where AI is used to crunch the vast amounts of data needed to make it happen. We can see it already in high-end retail: sales associates at Neiman Marcus now have AI-powered devices extending their personal knowledge of customers beyond a level that any human could possibly manage.

Of course, this use of data-driven technology to personalize experiences must be handled sensitively. There’s a fine line between smart and fun and intrusive and creepy. Indeed, this is a theme reflected in another 2018 Technology Vision trend — Citizen AI — using AI as a responsible member of the team, and of society.

The frictionless business

Every company is now a tech company, and nowhere more so than in retail. The impact: Retailers’ IT must be reorganized accordingly. That means incorporating agile methodologies at scale (e.g. SAFe), developing multi-modal IT that can run at different speeds, and making full use of DevOps and the cloud.

These shifts will help retailers refocus on delivering “solutions” via their products, perhaps using common platforms that others have developed. It’s part of another 2018 trend —Frictionless Business — or finding new growth through tech-driven partnerships. But replacing long-standing wholesale models will require taking some radical steps away from legacy technologies: creating flexible and responsive integration through the adoption of serverless computing and microservices, for example.

 

Internet of thinking

As those partnerships extend the boundaries of retailers’ ecosystems, new connected capabilities will be uncovered. That’s going to be a key to customer experience in the future.

Achieving these kinds of ecosystem-powered results calls for a new approach to protecting and sharing information. Without the scale of an Alibaba or an Amazon, retailers will need to team up with partners by creating exposable services, data and assets. It’s all part of another vital 2018 trend — the Internet of Thinking — in which robotics, immersive reality, AI and connected devices bring new levels of technological sophistication to the shopping experience.

 

Making the connections count

As technology extends ever deeper into everyday lives, retailers are finding they can create more meaningful connections with the people who buy and use their products and services. But making those connections count relies on using technology in a smart — and responsible — way.

Equally, it relies on creating new affiliations with businesses across industries to invent new products and services that meet the ambitions of customers and employees. Ultimately, that’s how retailers regain the advantage in the competitive digital economy — and give customers not simply what they want, but what they desire.

Contributed by SUPIYA BALAKUL, Managing Director, Products, Accenture in Thailand

Legislation on way to boost data security

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http://www.nationmultimedia.com/detail/Economy/30344315

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Legislation on way to boost data security

Economy May 01, 2018 01:00

By JIRAPAN BOONNOON
THE NATION

THE Ministry of Digital Economy and Society will submit a draft bill on data protection to the Cabinet with the aim of securing approval for the legislation by the end of this month.

If the draft bill clears the Cabinet, the resulting Data Protection Act would likely be unveiled to the public before the end of the year.

In related moves, the ministry also will set up a Data Protection Knowledge Centre as a resource to boost people’s data literacy.

Pichet Durongkaveroj, the Minister of Digital Economy and Society, said that if the draft bill gained approval, it would move on to the Council of State and the National Legislative Assembly as the next steps in the approval process.

The draft bill on data protection covers issues such as the ownership of data, the controls of over this information and data processing. The proposed legislation seeks to protect citizen’s data and their privacy.

The ministry will also set up a committee and an advisory to |support the new law in the near future. He said the Data Protection Knowledge Centre would help underpin the broad thrust of data protection efforts in the country with its focus on education.

“I think that the new law will focus on protecting data for the benefit of people in Thailand,” Pichet said.

“It will also be of a standard to support international law. As such, it will create confidence for businesses and people related to data privacy.”

$212m spent in 2017

According to Frost & Sullivan, IDC and Gartner, Thailand in 2017 spent US$212 million on cybersecurity and the outlays are expected to reach US$243 million in 2018. It is expected that Thailand’s cybersecurity spending in 2025 will climb to US$511 million, or 0.07 per cent of the country’s GDP.

Over the next eight years, this spending is estimated to be US$23.3 billion, or 0.35 per cent of GDP.

HSBC backs Asean’s ‘world-leading’ initiative on smart cities

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HSBC backs Asean’s ‘world-leading’ initiative on smart cities

Economy April 30, 2018 16:44

By The Nation

HSBC is supporting the 10-member Asean governments’ endorsement, announced overnight, to enter 26 cities from across the region into the Asean Smart Cities Network (ASCN).

The ASCN will enable Southeast Asia to sustainably develop its cities, further optimise the region’s burgeoning internet economies, and elevate Asean’s international relevance.

As part of the concept note, released by the Asean secretariat, governments will develop a platform to share best practice, link member cities with private investment, and secure funding from multilateral funding institutions.

HSBC’s global head of Client Digital Coverage, Danielle Walsh, on Monday described Southeast Asia’s approach to smart cities as “world-leading”.

“The formation of the ASCN means that Asean’s smart-city initiatives will become greater than the sum of its parts and catapults the region into the upper echelons of smart-city advancements, globally,” she added.

Global delegates coming to Bangkok for insights seminar

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Global delegates coming to Bangkok for insights seminar

Economy April 30, 2018 13:27

By The Nation

Global insights community Esomar will hold its annual knowledge and networking Asia-Pacific event in Bangkok on May 13-15,2018,welcoming more than 250 professionals involved in data and research from more than 30 countries who are doing or are interested in doing business in the region.

In its 19th edition, the event’s programme has as its theme “Drive”, providing a platform for thinkers from Thailand, Singapore, India, Japan, Malaysia, the Philippines, Hong Kong, China, Spain, Britain and Australia.

They key focus is people and technology in a changing world, looking at how each contributes to transforming the region, advancing the insights profession and driving business growth.

Speakers will discuss the latest innovations in artificial intelligence, voice technology and augmented and virtual reality and how their adoption will change the world of consumers, brands and market research.

They include top international speakers such as former Saatchi & Saatchi New York chief executive Brent Smart, currently chief marketing officer at AIG, Australia’s largest insurance company, who will discuss the art and science of marketing.

Myanmar region woos French FDI

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Tanintharyi Region Chief Minister Lei Lei Maw (centre)
receives French business delegation earlier this month.
Tanintharyi Region Chief Minister Lei Lei Maw (centre) receives French business delegation earlier this month.

Myanmar region woos French FDI

Economy April 30, 2018 01:00

By Khine Kyaw
The Nation
Yangon

2,301 Viewed

Tanintharyi eyes investments in core sectors, including hospitality

Myanmar’s underdeveloped Tanintharyi region bordering Kanchanaburi province plans to attract European investment mainly from French companies in the months to come, according to Phyo Win Tun, planning and finance minister of the Tanintharyi region government.

“At the regional government, we frequently receive business delegations from Europe, including France, Italy, Czech as well as from other countries such as Canada, Japan, China and Thailand,” he said.

Earlier this month, the authorities received a trade delegation of 12 French companies led by French Ambassador Olivier Richard. The delegation included senior executives from famous French companies with expertise in energy, construction and fisheries sectors as well as representatives from the France-Myanmar Chamber of Commerce, the French Development Agency and the economic and trade sections of the Embassy.

Phyo Win Tun said the regional authorities were pleased to have fruitful discussions with such big names as Total, Artelia Group, Byma, Engie Group, Schneider Electric, Suez Consulting and Tractebel Group.

According to the regional minister, the French delegation held several meetings with Tanintharyi’s Chief Minister Lae Lae Maw, the Dawei Special Economic Zone Management Committee, regional office of the Directorate of Investment and Company Administration (DICA) and the Tanintharyi Region Chamber of Commerce and Industry, to discuss about prospects for future investments by French companies in the region.

“It is the first official visit to our region by a French business delegation during the National League for Democracy government term. Obviously, we can see their enthusiasm to invest here and to trade with the local business community,” he said.

“Details about the business cooperation and potential investments have yet to finalise. We have planned to meet again later this year.”

He foresees French investments in mining and natural gas over the next few years, as Tanintharyi is a resources-rich region. French companies have also shown their interest in the Dawei Special Economic Zone, which is planned for revival during the first half of this year.

The French delegation visited Kanbauk to tour the existing infrastructure and Total’s corporate social responsibility activities implemented in the region and to learn more about the planned LNG-to-power project. Following the approval in January 2018 of a major 1,230-megawatt project in Kanbauk by Total, the commercial and trade relations between Tanintharyi Region and France will definitely expand in the coming years, he said.

Ye Htut Naing, president of Tanintharyi Region Chamber of Commerce and Industry, said French companies should invest in major areas needed for regional development, notably tourism, agribusiness, rubber production, mining and fisheries. “Thanks to their three-day visit, we managed to establish a good relationship with French businesses. Getting connected is the very first step of bilateral economic ties. We believe many business deals will follow later,” he said.

According to the chamber chief, local businesses are looking for foreign partners in agriculture and tourism sectors, particularly to produce value-added rubber products and to open luxury hotels and resorts near the region’s tourist attractions such as Myeik archipelagos and 9 Shin pagodas.

“Tourism is undoubtedly the most promising sector for regional development. For example, during the recent Thingyan Festival, all the hotels and guesthouses here were fully occupied, and even monasteries could no longer accept more guests because they were packed with local travellers. So, we need a lot of hotel rooms here,” he said.

He urged the government to encourage investments in the hospitality sector with proper land laws. He suggested that the regional government should frequently meet with the business community to help address ongoing challenges.

Aung Naing Oo, director-general of DICA, foresees more French investments in power generation. According to the statistics, Myanmar has approved 20 French firms to invest nearly US$550 million, as of March 31, 2018.

Marketwatch

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http://www.nationmultimedia.com/detail/Economy/30344247

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Marketwatch

Economy April 30, 2018 01:00

By The Nation

Marketwatch

America blinks first in bid to avert trade war with China Thanawat Patchimkul

Head of research

DBS Vickers Securities (Thailand)

While most countries rushed to the United States to seek exemption from its steel tariffs, China retaliated against the US measures and refrained from making any further action apart from offering to negotiate and relax some of its trade regulations, which are already laid out in China’s economic plan.

Now, the US has to send a high-level team to China for trade negotiations. Treasury Secretary Steven Mnuchin was accompanied by Larry Kudlow, the National Economic Council Director; Robert Lighthizer, the US Trade Representative; and Peter Navarro, the White House Office of Trade and Manufacturing Policy Director. Since both countries are trying to avoid an all-out trade war, the outcome should be favourable but could have negative implications on other countries if China agrees to buy more US products and less from elsewhere.

However, the US banning the sales of chips and components to China’s major phone maker, ZTE Corp, prompted China to develop its own semiconductor market. Huawei is also under US investigation for its alleged violation of US sanctions against Iran. Previously, Chinese Tsinghua Unigroup was blocked by the US government in buying Micron Technology, a leading semiconductors and memory chip player.

TISCO SECURITIES

After heavy selling in late March/early April, the market has shown strong signs of resilience, particularly for big and mid-cap stocks. We believe that the SET’s plunge to a three-month low of 1,725 on April 4 probably marked the trough for 2018. We expect the index to gradually rise towards 1,900 points in the third quarter. Our year-end SET index target remains 1850).

We note that local institutions have been the main buyers of Thai equities MTD (+Bt11.22 billion) while foreigners continued their selling spree (Bt16.63 billion MTD).

With tourism numbers in March looking robust despite a high base effect, private consumption slowly picking up, crude oil prices finally moving and several major big cap catalysts starting to play out, the SET continues to track our 2018 roadmap.

We have removed CENTEL from our top picks list as the stock has outperformed its peers and the SET index in recent weeks. Our top picks now consist of PTTEP, TRUE, CPALL, CPF, INTUCH, BBL, SCC, IVL, PTTGC, IVL, BDMS, PSH, LH and QH.

Research Department

Trinity Securities

The latest key factor is 10-year US Bond yield’s new high at above 3 per cent, the highest since 2011.  This has prompted the Thai stock market’s earning yield gap to its low since 2007, indicating much lower attractiveness of Thai stocks compared to US bonds.

Thai listed companies’ performances have not supported the SET Index.

The SET’s latest estimated EPS is revised down for both 2018 and 2019, making Thai stock valuations more expensive.

One more factor which could pressure the SET Index is possibility for global crude price to make short-term corrections due to less geopolitical risk..

One more factor that could limit upsides of the energy group and SET Index is PTT’s sideways move after a split reduced its par.

Shops in North to get revamp

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Shops in North to get revamp

Corporate May 01, 2018 01:00

By THE NATION

UNILEVER is expanding its drive for sustainability by working with two universities in Chiang Mai and Chiang Rai to extend its Unilever Platinum Store programme under the Unilever Sustainable Living Plan (USLP).

The consumer goods company is teaming up with the faculties of management science at the Chiang Mai Rajabhat and Chiang Rai Rajabhat universities under the initiative.

The combined effort would enhance the potential and competitiveness of retail businesses and so-called mom and pop stores throughout the North, the company said.

It said that by the company providing consultations on retail store management, this support would enable stores to become important anchors in their communities, and contribute to better livelihoods among consumers.

Apichat Saligupta, vice president for customer development at Unilever Thai Trading Ltd, said Unilever Platinum Store’ programme, initiated in 2012, has delivered benefits for a growing number of shops, reaching 10,500 last year.

He said that the criteria for promoting the Unilever Platinum Store is a shop’s location and consumer traffic, its variety of product categories – which should exceed 15 – and cooperation from the store owner.

Apichat said that participating students have the opportunity to apply the knowledge gained from this programme and to use their entrepreneurial skills to earn extra income by helping transition mom and pop shops into platinum stores that act as community anchors for their communities.

Unilever’s Master initiative focuses on developing these small shops with modern, eye-catching displays, marketing promotions exclusively available for platinum shops, and points redemption for members to increase sales and attract more customers.

“This results in an improved response to customers’ needs and expectations,” Apichat said.

Unilever rides market shifts

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http://www.nationmultimedia.com/detail/Corporate/30344339

Robert Candelino, head of Unilever Thailand
Robert Candelino, head of Unilever Thailand

Unilever rides market shifts

business May 01, 2018 01:00

By KWANCHAI RUNGFAPAISARN
THE NATION

UNILEVER Thailand said it aims to boost people’s livelihoods while pursuing growth in the Thai market and reducing environmental impacts under a strategy it hails as 2022 Growing Together.

Robert Candelino, head of Unilever Thailand, said that outlook for the consumer market in Thailand is tough.

“I think the consumer market is desperate for new excitement and more energy. I think there are so many changes happening that have never been before in history.This includes in media, retail, consumer habits, buying preferences, demography and society – colliding all at once,” Candelino said.

“This is why it’s important to have a purpose at the core to go through this storm and to understand what you stand for in your values, the people you hire, the type of initiatives and what principally we want to do as a company.”

He said that the dynamic of the Thai economy is changing rapidly.

“We (Unilever) as a business need to change continuously. We have now lots of new and exciting channels – traditional retail shops, substantial big modern trade, online and social networks – to serve people and to improve the lives of Thais every day,” said Candelino.

He said that the biggest challenge today is probably the transformation of retail and that of consumer behaviour.

“We’ve had a model that’s been there for 30-40 years. You get in the car or get on the train, and then go to the store and buy your items, putting in the basket. You pay for it, then you leave and go home. That model served all of us well for decades and that model is now being challenged,” he said. “It’s still there but it’s changing.Convenient channels, proximity channels, mom and pop shops, they’re all becoming more and more relevant as part of people’s lives.

“All of these changes in retail and the behaviour of people mean that, as a consumer products company, our job is to meet people where they need and want us to be at the end of phone, at the end of a computer terminal, or a local shop or at the doorstep one hour after they ordered from us. We need to be everywhere. We understand this ecosystem, and people deserve to be more demanding. That’s what happening and, as a consequence, everyone needs to change.”

He said that globally, Unilever has succeeded in integrating the principle of sustainable living into the company’s business practices since 2010.

Unilever’s Sustainable Living brands deliver over 60 per cent of the company’s total growth, and grew more than 50 per cent faster than the rest of the business in 2016, Candelino said.

“These outcomes demonstrate that Unilever has become more competitive by integrating sustainability into our business,” he said. “In Thailand, Unilever is ranked as the market leader in seven major product segments including laundry detergents, hair cleansing products, skin cleansing products, detergents, Jok rice porridge products, and ice cream and skin care.

“We are proud of the fact that 99 per cent of 24.7 million households in Thailand make a purchase from Unilever’s product portfolio, with a repeat-buy rate of over 99 per cent, and that our consumers use our products three times a day.”

Candelino said that with the company’s high household penetration of its consumer products, it aims to expand the pie with the introduction of new benefits, new platforms, new businesses and new items. Such methods will help expanding the market universe, he said.

To aid this effort, Unilever has implemented what it calls the 3Ps – for purpose, people and performance.

lUnilever aims to offer consumers improved well-being on a daily basis. The Unilever Sustainable Living Plan (USLP) applies to ll Unilever employees and contributes to the company’s business practices to drive business growth while supporting communities. Unilever is also committed to reducing its environmental footprint and increasing its positive social impacts, the chief executive said.

lPeople: Unilever’s employees are encouraged to pass on greater value to customers by providing them with excellent value from the company’s portfolio of products. “As our customers benefit, it is important that everyone is motivated and happy in their work environment,” Candelino said.

lPerformance: By building innovation in each product segment to meet the requirements of consumers through the company’s sustainable livelihood policy and improving the purpose and capacities of employees, Unilever is confidant of increased growth in each of the targeted product segments while delivering products that contribute to better livelihoods for consumers, Candelino said.

At A Glance

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  • Konica Minolta launches ‘Mobotix’ IP Camera
  • Toshiba joins SVOA to tap high-end market

At A Glance

Corporate May 01, 2018 01:00

By The Nation

Bt799m revenue from foreign film producers

Thailand earned Bt799 million in revenue from foreign film productions in the first quarter.

It was the location of 224 international film productions during the period.

According to the Department of Tourism, Ministry of Tourism and Sports, the country is still a popular location for foreign productions of movies, television dramas, advertisements, music videos, and documentaries.

Last year, Thailand made a total of Bt3,074 million from foreign films shot in various parts of the country.

In the first quarter of this year, the country’s top customer was India, followed by Germany and China.

Last year, China came first, followed by India and the United States respectively.

“Thailand continues to be a popular location for international film productions which help generate jobs and income for the country.

They also stimulate the local economy and income distribution which is in line with the government policy,” said Anan Wongbenjarat, Director General of the Department of Tourism (DOT).

DOT is also encouraging foreign film crews to choose shooting locations outside the main provinces, he said.

“Our secondary provinces also have many unique scenery and beautiful settings to offer to foreign film crews.

“If international productions showcase their beauty to the world, they will bring more visitors to Thailand as their viewers will want see the places with their own eyes,” he added.

Konica Minolta launches ‘Mobotix’ IP Camera

Masashi Miyamoto, managing director of Konica Minolta Business Solutions (Thailand), the leader in multi-functional document management system and digital production printing press, held a press conference to launch its new business “Mobotix” IP Camera, a hi-end surveillance camera from Germany for large state and private enterprises in Thailand. The product has special features such as heat exchanger camera, infrared camera, 360 degree camera.

The product comes with image software management for seeing the number of people entering and exiting the gate as well as the density of customers in department stores.

Toshiba joins SVOA to tap high-end market

Wu Tengguo, managing director, Toshiba Singapore Pte Ltd, left, and Thitakorn Ussayaporn, chief operating officer, SVOA Plc, right, jointly announced both companies’ plan to tap the high-end notebook market in Thailand at Toshiba x SVOA Product Launching 2018. A wide range of products have been launched at the event, including the new Toshiba X-Series (E-Generation), which deliver enhanced performance and higher durability, specifically designed for mobile professionals.

Ticket sales start for two new routes

Vietjet has started selling tickets on two new international routes including Hanoi – Taichung (Taiwan) and Danang – Daegu (South Korea). The new routes aim to meet the traveling demand of local people and tourists; thus contributing to regional trade and integration promotion.

The Hanoi – Taichung route will be operated with five return flights per week on every Monday, Wednesday, Friday, Saturday and Sunday from June 22, 2018 with around two and a half hours flight time per leg.

The flight departs from Hanoi at 13:00 and arrive in Taichung at 16:30 (local time). The return flight takes off at 17:30 (local time) in Taichung and lands in Hanoi at 19:20.

The Danang – Daegu route will be operated on a daily basis from July 19, 2018 with around four and a quarter hour flight time per leg. The flight will depart from Danang at 00:15 and arrive in Daegu at 06:30 (local time).

The return flight will take off at Daegu at 07:30 (local time) and lands in Danang at 10:00 everyday.

Hisense unveils flagship 100-inch TV for World Cup viewers

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Zhang Xifeng, managing director of Hisense International (Thailand) Co Ltd, presents the company's flagship 100-inch 4K UHD Smart Laser TV.
Zhang Xifeng, managing director of Hisense International (Thailand) Co Ltd, presents the company’s flagship 100-inch 4K UHD Smart Laser TV.

Hisense unveils flagship 100-inch TV for World Cup viewers

Corporate May 01, 2018 01:00

By THE NATION

CHINA’S Hisense is aiming for high growth in the Thai market with the launch of its 100-inch 4K UHD Smart Laser TV series, targeting viewers wishing to watch the forthcoming World Cup on a giant screen.

Zhang Xifeng, managing director of Hisense International (Thailand) Co Ltd, said during the launch at Powerbuy Expo 2018 that Hisense is a global leading technology brand, having captured the largest television market share in China for the past 14 years and ranked the third largest in the global market in the segment of 4K UHD TV products.

To expand brand awareness in Thailand and across the world, Hisense has become an official sponsor of the 2018 FIFA World Cup.

The company will provide customers with premium quality products and cutting-edge innovation via strong distribution channels. More strategic partnership has been announced as part of its goal to take a 10 per cent market share within three years.

“We entered the Thai market in 2016 and we have been studying closely the demand of local consumers in order to come up with ideas and new technology to meet the needs of their changing lifestyles in the aspects of high quality audio and image, easy and rapid access to content, beautiful aesthetic design for premium look, as reflected in our objective in focusing on technology development together with product quality for the best value for money.

This year, Hisense has planned to increase its brand awareness in Thailand, starting with consumers using Smart TV and expanding to include those focusing on 4K technology viewing experience, especially the 100-inch’ 4K UHD Smart Laser TV – Hisense’s flagship TV product, officially introduced for the first time in Thailand for consumers interested in the 100-inch 4K resolution viewing experience at home.

We will provide platinum service for Laser TV including free delivery, free installation and five years warranty. Laser TV is Hisense’s expertise that has been developed since 2010 and will surely gain more and more popularity in the years to come.

Special edition

Furthermore, two models of its World Cup Official TV series have been launched in the market. One is a World Cup Special Edition, released to draw World Cup viewers of the upcoming soccer tournament.”

Chanchai Bhandhufalck, general manager of sales and marketing, said Hisense has emphasised the Thai market on its growth potential. The company focuses on premium quality and technology for practical usage and offers a wide-ranging array of products from Smart TV to 100-inch 4K UHD Smart Laser TV with a three-year warranty. Hisense products are currently distributed via its partners including Power Buy and Tesco Lotus. More distribution channels are being mapped out to cater to the needs of consumers.