Demant still believes in growth in China despite current stagnation

Demant’s breakthrough in the Chinese market is happening more slowly than hoped and expected, says the CEO.
Søren Nielsen, CEO, Demant | Photo: Demant / Pr
Søren Nielsen, CEO, Demant | Photo: Demant / Pr

Hearing aid company Demant expanded its global footprint two years ago with the acquisition of Shengwang, China’s largest provider of hearing solutions, for a total of DKK 1.9bn (USD 274m).

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