The Venture Codex Logo

The Venture Codex

Skyworth

18 High-Tech South 4th Road, Shenzhen, Guangdong, China

Overview

Skyworth was established in 1988, with the head office located within Shenzhen High Tech Industrial Park that’s honored as the “China’s silicon valley”, having more than 30 thousand employees. Based in China and facing the world, Skyworth is a large-scale high-tech corporation mainly engaged in the development and manufacturing of consumption electronics, display devices, digital set top box, security monitors, network communication, semi-conductors, fridges and washing machines, 3C digital, LED lighting, listed on the main board of HK in 2000 (HK00751). After a development of 24 years, Skyworth has grown to be one of the top ten color TV brands in the world and a top brand in China’s display industry and was ranked 14th among the top 100 electronics China. In 2013, the brand value of Skyworth has reached 48.507 billion RMB. Skyworth has adhered to the strategy of “making the core industries strong and relevant industries big”, with HK Skyworth Digital Holding Co., Ltd. as the leader, under which dozens of industrial companies like Shenzhen Skyworth-RGB Electronics Company, Overseas Development Company, Digital Technology Company, Qunxin Anfang Scientific Company, Liquid Crystal Device Company. It owns three logistics centers in Chengdu, Nanjing and Yichun; five production bases in Guangdong, Inner Mongolia, Jiangxi and Jiangsu, etc; seven scientific research institutions in America, HK, Shenzhen, Beijing, Guangzhou and Nanjing, etc. It takes the first place in six aspects including the domestic market share of color TV, digital set top box and security monitor, the market share of LCD, the sustainable profitability in the color TV industry and the annual number of invention patents. After years of layout and development, an internationalized operation mode has gradually come into being and marketing and service branch agencies cover the whole world. It has set up 41 branch companies, 209 offices in China, having over 20 thousand clients who have signed contacts with Skyworth. And a meticulous distribution and a perfect service system have permeated into the market in the level of county and town. Skyworth is based on quality, advocating “thorough productism”, adhered to the development philosophy of technical innovation, having lead and pushed the industrial transformation and upgrade in the field of color TV, the core industry and made independent development in the 3rd generation of display technology OLED to renew the history of color TV, all of which has solidified the status of Skyworth as a leading brand in the industry. Skyworth has kept expanding business with an international view. Products such as color TV and digital set top box have been exported to countries and regions like the European Union, the US, Japan, Russia, Southeastern Asia, South America and Middle East.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
4

Sector focus

  • Electronics
  • Manufacturing
Visit website

Investment portfolio

  • Linklogis

    Participated · Series C · Oct 2018

    Linklogis is a China-based supply chain finance and technology company. It uses big data, artificial intelligence and blockchain technology to provide supply chain financing solutions to Chinese micro and small enterprises. The company's core offering is supply chain financing technology tailored to micro and small enterprises in China. Linklogis has attracted both strategic and financial investors and recently raised US$220 million in a Series C financing round led by GIC. Additional participants included GLP, Skyworth, China Oceanwide, Welight Capital and existing investors Bertelsmann Asia Investments, Tencent Holdings, CITIC Capital and Loyal Valley Capital. The article does not disclose operating metrics, a valuation, or specific use of proceeds.

Team

  • Huang Hongsheng

    Founder

  • Stephen Wong

    Founder

  • Zhiguo Wang

    Chief Technology Officer

    LinkedIn
  • Wei Wu

    Chief Engineer