Xiaomi air conditioning established strategic cooperation with Panasonic
The air conditioning division of Xiaomi Group announced on June 14, 2023 its strategic cooperation with Panasonic. The multi-level, multi-field strategic cooperation involved the resource sharing of R&D, production and manufacturing of air conditioning products.
Alibaba-Backed Takeout Platform Ele.me Adds Suning’s Electronics Stores
Ele.me and Suning.Com have agreed a partnership by which Suning will become the first large retailer in the computer, communication, and consumer products field to include its stores on the Alibaba-backed takeout platform.
Hisense sees automotive electronics as a second curve
Hisense has been on a transition to diversify its B2B business and regards automotive electronics as one of its second curves after it acquired Japan’s automotive air-conditioning manufacturer Sanden two years ago, stated Jia Shaoqian, chair of the board and President of Hisense Group. He unveiled ...
Net profit of Haier Smart Home up 12.6% YoY for Q1 2023
Haier Smart Home posted revenue of 65.066 billion Yuan for Q1 2023, up 8% YoY, net profit attributable to shareholders of the parent company 3.971 billion Yuan, up 12.6% YoY, and net profit attributable to shareholders of the parent company after the deduction of non-recurring gains and losses 3.7...
Net profit of Midea up 3.43% YoY in 2022
Midea Group posted revenue of 345.7 billion Yuan for year 2022, up 0.68% YoY, and net profit attributable to shareholders of the parent company 29.6 billion Yuan, up 3.43% YoY, of which revenue from HAVC business 150.6 billion Yuan, up 6.17% YoY, accounting for 43.8% of the total revenue; consumer...
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