Xiaomi saw revenue from smart large appliances up 25% YoY in Q2 2022
On August 19, Xiaomi Corporation announced its unaudited consolidated results for the three and six months ended June 30, 2022. During the reporting period, Xiaomi registered revenue of RMB70.2 billion. Adjusted net profit reached RMB2.1 billion.
The energy crunch and electricity price rise in Europe led to a rise of heat pump export from China
After the outbreak of the Russia-Ukraine conflict, Europe is increasingly urgent to realize the goal of energy independence and transformation, which drives up the export of heat pumps in China.
New cargo train links East China with Central Asia
A freight train left the city of Wuxi in East China's Jiangsu province and headed for Central Asia on Saturday, local authorities said. The train carries more than 1,000 tons of goods, including polyester chips, household appliances, and auto parts, with a combined market value of 30 million yuan ($...
AI, 5G breathing new life into appliances
Refrigerators that can monitor the freshness of foods, help users order ingredients and recommend recipes via analyzing user habits and preferences have become a reality in people's daily lives.
Haier Smart Home’s revenue from heat pump products up 35% YoY in H1
With domestic market being the main market of Haier’s air-source heat pump commercial air conditioners, Haier Smart Home saw its revenue from heat pump products exceed 1 billion RMB in H1 2022, up 35% YoY, according to CLS.CN.
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