The increase in 2019 comes after three years of rough corrections, during which time the company’s revenue fell to RON76 million from RON307 million. The return to growth was largely due to the company’s entering the smart TV market.
Lucian Peticila, General Manager Allview and company owner, said the positive financial results reported by Allview represent the effect of successfully implementing the new development strategy.
Allview has consolidated its partnership with Google, being the first European brand authorized to sell TVs with Android TV, aiming for 2020 to remain market leader on the segment of Smart TVs with Android TV and built-in Google Assistant.
Samsung is the leading player on the Romanian TV and smartphone market.