China's Internet of Things industry exceeds 900b yuan

China's Internet of Things (IoT) industry has seen its output value exceed 900 billion yuan ($140 billion), with a compound annual growth rate of over 25 percent, a senior official said Sunday...

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Chinese TV Producer TCL Plans to Double Production at Its Plant in Poland

After jumping on the One Belt, One Road bandwagon, Chinese multinational electronics company TCL Corp. [SHE:000100] is planning to double production at its plant in Poland to three million units in three years and make TCL one of the three best-selling color television brands in Europe, Chen...

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Chinese Home Appliance Makers Shift Their Focus From Output to Brand Image at IFA

Chinese home appliance companies showed shifts in their focus from output to brand image, from low-end manufacturing to upscale markets and from the Made-in-China model to global supply chain optimization at this year's Internationale Funkausstellung Berlin (IFA) show, one of the world’s top three ...

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Chinese companies showcase economic strength, leadership, technology at IFA

Chinese companies are showcasing their economic strength, leadership and technology at IFA 2017, the world's leading trade show for consumer electronics and home appliances, the organizer said on Sunday. Over 700 exhibitors and brands from China have taken part in IFA 2017, more than one third of...

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Sales Growth, New Income Sources Drive Midea's First-Half Revenue to USD18.65 Billion

Midea Group Co. said yesterday in its semi-annual report that its revenue and net profit rose 60 percent and 14 percent, respectively, in the first half on sales growth and the addition of income sources. The company's revenue was USD18.65 billion (CNY124.96 billion) in the period, and its net...

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