China's home appliance giant Haier builds 1st plant in Egypt

China's home appliance giant Haier held a groundbreaking ceremony on Wednesday for its first Egyptian factory, aiming to boost the manufacturing industry and provide local jobs in the North African country.

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Midea holds groundbreaking for third Brazil plant

Chinese home appliance maker Midea Group held a groundbreaking ceremony on Thursday for its new plant in Brazil, the company's latest move in the expansion of its footprint in the South American country.

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TCL Reiterates its Smart Manufacturing Commitments to Facilitate High-End Air Conditioning

TCL, one of the dominant players in the global TV industry and a leading consumer electronics brand, announces the Phase I completion of TCL Wuhan Intelligent Industrial Park, doubling down on smart manufacturing to facilitate premium air conditioning production, with the annual manufacture capacity...

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Net profit of Skyworth Digital up 95.13% YoY in 2022

Skyworth Digital posted revenue of 12.009 billion Yuan in 2022, up 10.71% YoY, net profit attributable to shareholders of the listed company 0.823 billion Yuan, up 95.13% YoY, and net profit after non-recurring profit and loss deduction 0.739 billion Yuan, up 196.31% YoY, according to the Financial ...

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Revenue of Konka Group down 39.7% YoY in 2022

Konka Group posted revenue of 29.608 billion Yuan, down 39.7% YoY, net loss of 1.77 billion Yuan, down 319.43% YoY, according to Financial Report 2022 released by Konka Group on March 27, 2023.

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