ARBONIA climate to be acquired by Midea Group. Sustainable growth with a new strategic investor
Midea Group has agreed to acquire the ARBONIA climate division. The Board of Directors of Swiss Arbonia AG has accepted Midea Group's offer to purchase its indoor climate specialist. Both parties already signed the agreements. Completion of the transaction is subject to customary closing conditions ...
Chinese Display Firms BOE and TCL Add Output in Vietnam to Avoid High US Tariffs
Chinese display manufacturers BOE Technology Group and TCL Technology Group are widening output in Vietnam to avert hiked tariffs on China-made goods in the United States.
Home appliance makers eye bigger global reach
Chinese small home appliance makers are accelerating steps to expand their footprint in emerging overseas markets and increasing investment in localized research and development as part of a broader push to bolster sales globally and enhance international influence and brand recognition, industry...
Haier Smart Home Boosts Local Manufacturing and Expands Global Presence with New Ecological Park in Egypt
Haier Smart Home officially inaugurated the Egypt Ecological Park, marking a significant step in deepening its market presence in the Middle East and Africa and another milestone in its global expansion.
Xiaomi Aims to Sell USD27.6 Billion of Products via JD.Com in Next Three Years as Pair Deepen Alliance
Xiaomi and JD.Com have agreed on new strategic cooperation, with the Chinese electronics titan aiming to sell products worth CNY200 billion (USD27.6 billion) across the e-commerce giant's channels over the next three years.
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