Global leader in interactive displays, China’s CVTE keen to serve SL market

CVET Global Business Group General Manager Mark Wan explains an interactive display solution for education sector at the company’s headquarters in Guangzhou, China

• Pioneer of China’s Interactive Flat-Panel Display industry and global market leader in motherboards for TVs, Guangdong Province headquartered giant says in discussion with prospective partners for SL
• Over 50% of China’s top 500 corporations use CVTE conference solutions and half of Chinese classrooms use CVTE Smart Classroom solutions
• Shenzhen Stock Exchange-listed CVTE serves nearly 200 countries; revenue tops $ 3 b mark in 2022

CVTE, the China Guangzhou-based global leader in Interactive Flat Panels (IFPs) last week announced plans to enter the Sri Lankan market and offer world class audio-visual solutions to multiple sectors.

The Guangzhou Shiyuan Electronic Technology Company Ltd., (CVTE) which is listed on the Shenzhen Stock Exchange commands a revenue of $ 3 billion and currently exports to nearly 200 countries.

“We are keen to serve the Sri Lankan market and currently in discussion with prospective partners,” CVET Global Business Group General Manager Mark Wan told a select group of Sri Lankan journalists who undertook a study tour of Guangdong Province (formerly Canton), a booming hub in the Southeast part of China, courtesy of the Chinese Embassy in Colombo.

Established in 2005, the multiple awards winner CVTE specialises in the design, development, and sales of display technology (including LCD main boards, LED Walls, intelligent interactive tablets, intelligent interactive panels), computing devices and services, power and new energy, display control, supply chain services, home appliances, medical devices and related intelligent hardware. Its flagship brands are Seewo which serves the education sector and MAXHUB caters to the commercial sector.

Its business areas are components, education, corporate services, intelligent hardware, artificial intelligence and health care.

Apart from being the pioneer of China’s Interactive Flat-Panel Display (IFPD) Industry, one third of TVs in the world use CVTE motherboards. It holds over 30% of global market share with over 580 million pieces sold globally, according to Mark. Over 50% of China’s top 500 corporations use CVTE conference solutions. Another remarkable achievement is that half of the classrooms in China use CVTE Smart Classroom solutions under the Seewo brand.

Seewo, provides integrated solutions on educational information technology by providing interactive flat panels with other peripherals. This allows more students with different backgrounds to have the same experience as others in the process of learning in addition to empowering teachers. Solutions include teaching hardware and applications for schools and campuses, teacher development tools, management platform for pre-school, primary and higher education institutions.

Having played a leading role in the transformation of education digitisation in China, CVTE’s Seewo brand entered into a strategic partnership with UNESCO in 2020.

CVTE’s IFP under MAXHUB brand integrates the functions of projector, whiteboard, advertising signage, computer, microphone, audio, etc. It satisfies the needs of conferences, presentations, corporate training and video conferencing, while adding the beauty of technology to the conference room.

CVTE has over 6,700 employees, half of whom are engaged in R&D and CVTE is also credited with over 6,000 patents as well as over 2,400 computer software and design copyrights. On patents, CVTE is ranked as the first among Guangzhou enterprises. Given the growing global demand, CVTE in 2017 set up manufacturing operations in India as well.

CVTE’s success was such that there is a Harvard Business Review case study on the company and its art of management and organisation in the digital age. The company said it is committed to elevate richer and more efficient communication experience in electronics both the consumer and commercial sectors.