China's online home appliance market expands 17.5% in 2018

The size of China's online B2C home appliance market continued steady expansion last year by growing 17.5 percent year-on-year to 576.5 billion yuan ($86 billion), official data showed Feb 24...

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TCL net profit up 30% in 2018

China's leading home appliance manufacturer TCL Corp posted a 30.2 percent year-on-year rise in net profits for 2018...

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China's Gree, TCL, Haier Foray Into Smart Door Lock Business to Sell More IoT Gadgets

Chinese home appliances giants, including Gree Electric Appliances, TCL Electronics Holdings and Haier Group, have expanded their business to smart door locks to fend off South Korean and Japanese rivals...

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Dong Mingzhu reelected as Gree head

Dong Mingzhu was confirmed to enter her seventh year as the chairwoman of of Gree Electric Appliances, as the Chinese air conditioner giant elected its new board of directors on Wednesday — a process that was expected to finish seven months ago...

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Xiaomi-TCL draw closer with strategic cooperation agreements

Xiaomi Corp bought 65.2 million shares, or 0.48 percent, of consumer electronics giant TCL Corp from the secondary market as of Jan 4, Guangdong-based TCL said in a statement to the Shenzhen Stock Exchange on Sunday...

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