Hearing solutions company set to grow across China
2 years, 7 months ago

Hearing solutions company set to grow across China

China Daily  

A hearing professional fitting a hearing aid in Sonova Real Life Lab in Stafa, Switzerland. Sonova Holding AG, the world's biggest hearing solutions provider by sales revenue, acquired Hysound Group, a major audiological care clinic chain in China, thereby enlarging its store number and direct consumer access in the country, the company said in a statement. Empowered by this step, the Switzerland-based company will be able to add around 200 clinics in over 20 provincial-level markets, including 70 cities across China. With over 650 employees, Hysound Group generated 230 million yuan of sales revenue in 2021, representing a double-digit sales growth, despite challenges caused by the COVID-19 pandemic, said Sonova's statement released last week. China is by far the largest high-growth market globally, which is particularly attractive due to their aging population," said Arnd Kaldowski, CEO of Sonova.

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History of this topic

Sonova aims to expand the speech-enhanced hearable segment with Sennheiser on-board
2 years, 7 months ago

Sonova aims to expand the speech-enhanced hearable segment with Sennheiser on-board

The Hindu  

In March 2022, the Swiss hearing aid major, Sonova AG, acquired the consumer business of Sennheiser in order to expand its portfolios and to have a direct connection with the consumers. We had an exclusive discussion with Martin Grieder, GVP Consumer Hearing of Sonova AG, to understand the company’s approach and its India-specific plans. Edited Excerpts: What were the thoughts …

Sonova bullish on hearing aid market in China
3 years, 3 months ago

Sonova bullish on hearing aid market in China

China Daily  

Visitors check out Sonova products during a promotion event in Beijing in October. Switzerland-based Sonova Holding AG, the world's biggest hearing solutions provider, said it has seen stronger-than-average sales growth in China in the past six months, fueled by growing demand of related products in the country, especially since the COVID-19 outbreak, as the booming online interaction has spurred the …

Striking a sound note in hearing aids
5 years, 7 months ago

Striking a sound note in hearing aids

China Daily  

Employees work at a Phonak production facility in Zurich, Switzerland. Patrick Perler introduces fidelity into Sonova's China strategy For people with hearing loss in the digital age, hearing aids connected to their smartphones and mobile apps are becoming more helpful to improve their hearing efficiency, said Patrick Perler, vice-president for Asia-Pacific of Sonova Group, the world's biggest provider of hearing …

Switzerland, China can work together in key areas
5 years, 11 months ago

Switzerland, China can work together in key areas

China Daily  

Urs Bolt, former director of Credit Suisse bank's external asset management department. Switzerland can provide technology and policy advice to China in the areas of wealth management and regulatory compliance — as the government has taken a number of proactive fiscal policies — and the opening-up of a stable financial sector will put economic growth on a firmer footing, a …

Sonova gives hard of hearing a life without limitation
6 years, 5 months ago

Sonova gives hard of hearing a life without limitation

China Daily  

A man cycles in front of the headquarters of Swiss hearing aid maker Sonova in the town of Staefa, Southeast of Zurich, on March 30, 2011. Sonova, as the world's leading innovative hearing solutions provider, has developed well in China and is making the most of the great opportunities to serve more and more people with hearing loss in the …

Siemens hearing aids focus on R&D
9 years, 4 months ago

Siemens hearing aids focus on R&D

China Daily  

Sivantos Group, the world's largest maker of hearing aids, will increase its investment in the R&D centers by 20 percent this year. Currently, Siemens hearing aids has two global R&D centers, with one in Singapore and one in Germany. "So far, we have no plan to set up a new R&D center in China, but at the same time we …

Sonova Group to offer sound practices in hearing-care market
9 years, 5 months ago

Sonova Group to offer sound practices in hearing-care market

China Daily  

A girl, from Yinchuan, Northwest China's Ningxia Hui autonomous region, found her hearing aid on Nov 17, 2013. Switzerland's Sonova Group, the world's largest hearing-care services provider by revenue, said its next phase of progress in China will see manufacturing and research facilities being set up in the country. Sonova also introduced affordable advanced hearing aids in the Chinese market …

Hearing the call of opportunity
10 years, 3 months ago

Hearing the call of opportunity

China Daily  

Hearing aids shown at a Sonova operation center in Ho Chi Minh City, Vietnam in early 2013. The low penetration level means great market potentials for international hearing care services providers, such as Switzerland-based Sonova Group, a major player in the China market. "China has the largest number of people with hearing loss globally," said Albert Lim, vice-president wholesale of …

Hear we go
13 years, 7 months ago

Hear we go

China Daily  

Hear we go Updated: 2011-08-19 10:47 By Zhang Xi His friends were a source of major encouragement. First, I developed my professional skills and deepened my knowledge, not only about audiology and hearing aids, but also how to interact and work in different, sometimes very challenging environments and with people from many cultural backgrounds," he says. Balicki believes that his …

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