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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Midea and Electrolux to form premium brand joint venture in China

Midea, a leading global player in consumer appliances, Heating, Ventilation and Air-Conditioning (HVAC) systems, Robot, and Industrial automation systems, has signed an agreement with Electrolux to establish a long-term strategic joint venture in China to promote and distribute the premium German...

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Chinese Firms Say They’ll Respond Actively to iRobot's Patent Infringement Allegations

Chinese companies being sued by robot producer iRobot Corp. [NASDAQ:IRBT] for alleged patent violations said they will actively respond to the suit. The Bedford-based firm filed lawsuits accusing 11 of its competitors, including China’s ILIFE Technology Co., Suzhou Realpower Electric Appliance Co.,...

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Foxconn planning $27b bid for Toshiba's chip business

Foxconn Technology Group is reportedly planning to bid up to $27 billion to acquire Toshiba's chip business, according to Bloomberg. It's yet another major acquisition swoop on a Japanese high-tech firm by Foxconn which earlier bid for taking over the electronics firm Sharp. Analysts estimate that a...

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