Yaskawa Electric Ramps Up Efforts to Expand Presence in China's Robotics Market

World-leading robot maker Yaskawa Electric Corp. is pushing to expand its presence in its biggest overseas market, China, Nishikawa Seigo, managing director of Yaskawa Electric China Co., told Yicai Global. Yaskawa's sales in the country leapt to JPY26.9 billion (USD242 billion) in the first...

Read More →

China’s Midea Group to invest Rs 800 crore for Pune plant for making appliances

Placing India high in its scheme of things, Chinese appliance maker Midea on Friday announced a Rs 800 crore investment to set up a manufacturing facility in Pune. The unit will have a production line for appliances such as refrigerators, washing machines and water appliance products. Spread over 43...

Read More →

Haier Now Holds 51 % Stake in Greenonetec

On 18 May 2017, Chinese-based Haier ​Group, one of the largest manufacturers of household appliances in the world, bought a 51 % stake in Austrian collector manufacturer Greenonetec, based in St Veit in southern Austria, from its sole shareholder, Robert Kanduth. Both parties share 50:50 voting...

Read More →

Haier saw a year-on-year increase of 171% in sales volume, and 232% in sales of refrigerators in Russia

Haier has seen a year-on-year rise of 171% in sales volume, and 232% in sales of refrigerators in Russia from Jan-May 2017, 5 times faster than the average of the industry, according to its latest released data on May 31, 2017. A marketing officer of Haier's refrigerators in Russia says, this...

Read More →

Bosch to expand presence in China with its new venture with China's Vanward

The operations in China of a new joint venture-involving heat technology and hot water products-will help expand the market presence of Robert Bosch GMbH in the mainland, a senior executive of the German group said on Tuesday. Bosch Thermotechnology, the European manufacturer of energy-efficient...

Read More →
First | Previous | Next | Last Current:27 [23] [24] [25] [26] [27] [28] [29] [30] [31] ...