Large Chinese electronics manufacturer to invest $13 million in Ukraine’s TV brand Kivi

By The Kyiv Post / February 10, 2021

China’s Shenzhen MTC, one of the largest television manufacturers in the world, has signed a $13 million deal with the Ukrainian company Kivi, which produces internet-connected television sets or smart TVs, according to the company’s vice president Sergey Wenger.

Kivi wants to use the money to develop a new smart TV model, improving its design, image and sound quality.

With the Chinese investment, the Ukrainian company, which has produced 380,000 TVs in 2020, also wants to ramp up production and make 500,000 devices in 2021.

Topics: Finance, Hardware & Electronics, International, News

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Launched in 1995, Kyiv Post is Ukraine’s leading English-language newspaper, produced by a team of Western and Ukrainian journalists. Over the years, the weekly newspaper has led the charge for a free press in Ukraine, and has played roles in the Georgiy Gongadze scandal, the Orange Revolution and other significant Ukrainian events. The Kyiv Post’s IT coverage is sponsored by Looksery, Ciklum, Steltec Capital and SoftServe. The content is independent of the donors.

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