The Hisense Group’s new R&D center in Qingdao’s Laoshan district, Shandong province, built on 44.3 square meters of ground at a cost of $242 million, is now in operation and is expected to help form a technology center for industrial improvements in research and development.

Construction work of the project involved a large number of R&D institutions, corporations, and national technology sites, with interactive multimedia, optical communications, intelligent transportation and industrial design.

Hisense is a Qingdao electronics manufacturer founded in 1969, and one of the world's leading providers of flat screen TVs, household appliances and mobile communications, and among the Top 10 player global institutions. It has more than 16 production sites and nine R&D centers around the world, subsidiaries in Europe, North America, Australia, Africa and Southeast Asia, and an international team of around 75,000 people and invests constantly in technology R&D.