Changhong Group, also known as CHIQ, Changhong, Chiq, 长虹, Sichuan Changhong Electric, or Changhong Jiahua, is a publicly owned company headquartered in China. Founded in 1958, the company has approximately 32,000 employees and reported $14.4B in revenue as of 2024. The company specializes in fibre access, functioning as a manufacturer of consumer electronics based in Mianyang, Sichuan.

2024 Revenue

Founded

1958

Headcount

32,000

Headquarters

China

Primary Segment

Fibre access

Ownership

Publicly Owned

Deployments

20

News Summary:

On March 30, 2026, Changhong announced a strategic partnership with the European brand Grundig, securing a brand license for Grundig across several product categories including consumer electronics, large home appliances, air conditioners, and selected small domestic appliances. This agreement reflects a broader push by Chinese manufacturers to expand overseas through licensing deals, acquisitions, and joint ventures, with Changhong also taking responsibility for Grundig's international operations and development.

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Changhong Group (CHIQ) offers 16 products in the pro AV, media and telecoms services and telecoms tech industries. Changhong Group (CHIQ)'s product portfolio comprises of fibre access, fixed wireless access, consumer electronics, digital signage and professional display, wi-Fi and mesh networks and set-top boxes.
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Changhong Group (CHIQ)'s revenues were $14.4B in 2024. Caretta Research has split Changhong Group (CHIQ)'s revenue into 8 different product categories, the largest of which is wi-Fi routers, which represents 43% of Changhong Group (CHIQ)'s revenue.
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