Appliance makers upbeat on high-end overseas market
Despite globally weakening demand for consumer electronics, Chinese home appliance makers have seen robust sales growth in Europe and have expanded efforts to foray into the photovoltaic sector to seek new sources of revenue, industry experts said.
Chinese firms of consumer electronics target higher-end overseas market
According to the IFA's official website, nearly 1,300 Chinese exhibitors have registered for this year's event. Chinese companies such as Hisense, TCL and Haier have occupied some of the largest exhibit areas with various products...
Midea banks on energy innovation for edge in overseas home appliance sector
Building a global research and development network would help Midea Group, a leading Chinese home appliance manufacturer, better promote the development of innovative energy-saving solutions with a user-centric approach in the overseas market, according to the company's technical chief for its air...
Home appliance makers diversify into PV sector
Chinese home appliance manufacturers are ratcheting up efforts to make forays into the photovoltaic sector in a bid to seek new sources of revenue and diversify their business layouts amid sluggish growth in the country's household appliance market, industry insiders said.
Smart home devices sector to take off
The smart home devices industry is on the cusp of new development opportunities, thanks to superfast 5G coverage, artificial intelligence and the internet of things, industry experts said.
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