Chinese home appliance giant expands investment in Africa
China's leading home appliance manufacturer Midea Group has become the official sponsor of the Africa Cup of Nations 2025, which is scheduled to be held in Morocco.
Chinese Home Appliance Giants Are Betting Big on Humanoid Robots
China’s leading home appliance makers, including Midea Group, Haier Group, and Hisense Group, as well as top cleaning and kitchen gadget producers are pouring more resources into humanoid robotics to fuel their next growth surge.
Local Factories, Tailored Products Drive Chinese Home Appliance Makers’ Growth in Latin America
Chinese home appliance makers, including Midea Group and TCL Technology Group, are starting to reap the benefits of local production and tailored product lines in Latin America, particularly Brazil, as their market shares increase and brand recognition grows.
China’s Mid-Year Shopping Gala Boosts Small Home Appliance Sales
Sales of small home appliances in China, particularly of beauty, health, and pet care gadgets, have surged over the course of this year's 618 shopping festival, driven by discounts, tech innovations, and a growing cohort of younger buyers who value quality and good design.
Haier Completes Acquisition of KLIMA KFT to Accelerate HVAC Growth in Central and Eastern Europe
HAIER EUROPE APPLIANCES HOLDING BV and KLIMA KFT officially completed the closing and handover ceremony in Budapest on June 3, 2025. This marks a pivotal step in Haier HVAC’s strategic expansion into the Hungarian market. The transaction encompasses all of KLIMA’s assets, channels, and expertise, ...
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