LG is not the owner of Hisense. These two companies are independent and separate entities. LG is a multinational conglomerate based in South Korea, while Hisense is a Chinese multinational electronics manufacturer. They operate in different markets and have their own respective product lines.
It is understandable why some people may think that LG is the owner of Hisense, as there is a misconception that Hisense manufactures some products for LG. While it is true that Hisense has been involved in manufacturing certain products for LG, such as display panels for televisions, this does not mean that LG owns Hisense.
In the electronics industry, it is not uncommon for companies to outsource certain manufacturing processes or components to other companies. This allows them to leverage the expertise and capabilities of other manufacturers to optimize their production processes. LG, like many other companies, may have chosen to work with Hisense for certain materials or components. However, this does not imply any ownership or direct control over Hisense by LG.
It is important to note that both LG and Hisense are well-established brands in the consumer electronics market. They have their own research and development teams, manufacturing facilities, and distribution networks. Each company operates independently and competes with one another in the global market.
LG is not the owner of Hisense. They are separate companies that may collaborate on certain manufacturing aspects, but they operate independently and have their own distinct product offerings. It is crucial to differentiate between partnership and ownership when discussing the relationship between these two companies.