Haier posted global turnover of 266.1 billion Yuan in 2018

Haier posted global turnover of 266.1 billion Yuan, a year-on-year growth of 10%, and global pre-tax profit of 33.1 billion Yuan, a year-on-year growth of 10%, of which operating profit rose by 19% year-on-year and revenue from Haier’s eco systems grew by 75% year-on-year to reach 15.1 billion Yuan...

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BOE Technology's Stock Slips After Profit Halved on Softening Display Demand

BOE Technology Group's shares slid after the world's biggest maker of display screens reported a 55 percent drop in profit last year because of a fall off in global demand.

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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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