d&b audiotechnik has created a new subsidiary in Greater China.
On 31 January 2019, 44 co-workers in Hong Kong, Beijing, Guangzhou and Shanghai officially joined the newly established d&b Greater China Group. The three-member advisory board has also been completed.
Daniel Chan, managing director (CEO) of d&b Greater China Ltd. commented: "As the setup has been completed officially, we are all pleased to be able to support the d&b Greater China partners and customers even better in their quest for the best professional audio solutions."
d&b Greater China, the ninth subsidiary in the global d&b family, has been active in the market since 6 December 2018. The co-workers and management of the new venture are already well versed in the d&b brand and portfolio as they join d&b from the previous d&b distributor in China. The new organisation is responsible for sales, marketing tasks, service and support for customers and sales partners in Greater China.
d&b is headquartered in Backnang, Germany, where it carries out its research, development and production.
Chan and his long-time partner Freddie To – previously the heads of the d&b distributor in China – are co-owners of this new venture.
The advisory board will support the Greater China management team on strategy and fulfilling the team’s mission and goals. The board members are Amnon Harman (CEO of d&b Group), Freddie To, and Mike Chao (China audio market expert).
Chao has spent nearly two decades in the China technology market, including leadership positions at Dolby Laboratories, The Boston Consulting Group and Microsoft Corporation. He is currently a founding partner at GeoFusion, an advisory firm specialising in helping technology companies advance their positions in China.
He said of the new venture: "d&b is a recognised leader in the Chinese professional audio market, and d&b Greater China is well-positioned for future growth.”
The announcement of the new subsidiary in Greater China joins a series of recent corporate announcements in Asia-Pacific.
Amnon Harman, CEO of the d&b Group remarked: "The establishment of a third d&b subsidiary in the Asia-Pacific region – after Japan and Singapore – proves that d&b is deepening its commitment to the Asia Pacific region in general, and specifically to China as a globally important growth market. In Asia, we have significantly strengthened our team and the organisation. We will continue growing with the closest possible proximity to customers and partners.”