Loewe AG
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| Loewe AG | |
|---|---|
| Type | Incorporation |
| Founded | 1923 |
| Headquarters | |
| Key people | Rainer Hecker, CEO |
| Industry | Electronics |
| Products | TV Sets; sound equipment |
| Employees | approx. 1,000 |
| Website | www.loewe.de |
Loewe AG (pronounced [løvɛ]) is a German electronics manufacturer founded 1923 by Drs. Siegmund and David Loewe in Berlin. The company now is located in Kronach. It is a Germany-based supplier of electronic entertainment products.
The main business are TVs, followed by DVD-Players/Recorders, VHS-Recorders and HiFi-equipment. In 2005, about 80% of the company's profit was earned through flatscreen TVs. Its product range primarily consists of television sets aimed at the luxury end of the market. It also produces a range of peripheral video and stereo products, including home cinema systems and digital recording functions.
Its television set brands are offered across four segments:
- Loewe Reference, which includes the Spheros and Articos products
- Loewe Art, which offers the Xelos range of plasma and liquid crystal display (LCD) televisions
- Loewe Light, which includes the Mimo LCD and Concept products
- Loewe Classic, composed of the Company's principal range, Articos CRT, Aconda, Mimo, Nemos, Aventos and Modus products.
Loewe also manufactures LCD television sets for Sharp Corporation, which owns a 29% stake in the company.
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