Tencent Joins China's Smart-TV Race

Internet giant Tencent is testing the waters of the growing smart television industry by investing about $44 million in a company affiliated with Skyworth, China’s leading TV maker. Tencent Holdings Ltd. has bought a 7.7% stake of Shenzhen Coocaa Network Technology Co. Ltd., the third-largest smart...

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BSH China’s Rosy Expectations of Smart Appliance Market Prompts Investment in Fridge, Oven Plants

Asian-Pacific markets, including China, are becoming drivers for the growth of BSH Home Appliances Corp. (BSH). BSH, which stems from a 1967 joint venture between Robert Bosch GmbH [GR:RBOS] and Siemens AG [ETR:SIE], is Europe's largest home appliance business. BSH is optimistic about China's...

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Haier COSMOPlat Wins the 2017 Gartner Supply Chainovators Award

On May 22 local time, Gartner, the world's leading research and advisory company, has released the award of 2017 High-Tech Manufacturing Supply Chainnovators. With COSPOPlat, Haier becomes the first company across the Asian-Pacific region that has won the award and the very first and only one in the...

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UK vacuum cleaner maker Dyson opens R&D lab in China

British technology company Dyson has opened a new research and development center in Shanghai, after the vacuum cleaner manufacturer saw Chinese sales leap 200 percent. Dyson plans to build a team of 50 engineers and support staff during the coming year, charged with marrying software and hardware...

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China's Midea Group Launches Silicon Valley Tech Center

Midea Group, a Chinese electrical appliance manufacturer, launched technology center in Silicon Valley of the United States as part of an effort to turn itself into a technology company.

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