Hisense Soars After Compressor Unit Signs Deal to Supply Tesla

Shares of Hisense Home Appliances Group climbed after a unit of the Chinese home appliances giant that makes compressors signed a five-year deal with Tesla reportedly worth USD100 million a year.

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Business Innovation through Digitalization: Midea 2025 digital strategy targets 100% business digitalization English

Midea Digital Midea 2025 conference displays Midea actively building a technology group that provides digital solutions combining software and hardware for both B-end and C-end users.

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Haier Smart Home will establish local supply chains at overseas markets in 2022

Haier Smart Home plans to establish local supply chains at overseas markets and improve the production capacity of categories including refrigerators and dryers, says Li Huagang, President of Haier Group at the company’s performance meeting for 2021 held lately.

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TCL CSOT India’s first TV Open Cell production line ready for mass production

TCL CSOT announced on June 8 2022 that the first product of India CSOT’s TV Open Cell was completed at 11:00 a.m. on June 3, Beijing time. The first TV Open Cell production line has the production capacity of 141K/month and is expected to produce 2K TV Open Cell in June. It is learned that, TCL...

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Suning.com releases consumption trend report for air conditioners during 618 shopping festival

Suning.com releases consumption trend report for air conditioners during 618 shopping festival on June 16 2022. According to the report, residential air conditioner sales surged by 68% YoY since the company launched its 618 promotion campaign on May 23, of which 86% of consumers choose domestic...

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