Midea Group achieves outstanding performance in overseas markets
Midea Group released its annual report for 2023 on March 27, 2024. In 2023, Midea achieved revenue of 373.7 billion yuan, an increase of 8% year-on-year; and net profit attributable to the parent company of 33.7 billion yuan, an increase of 14% year-on-year.
Skyworth Group’s revenue reaches 69.031 billion yuan in 2023
Skyworth Group released its audited annual performance report for 2023 on March 26, 2024. The report showed that in 2023, Skyworth Group’s overall revenue was 69.031 billion yuan, an increase of 29.1% compared to the previous year’s overall revenue of 53.491 billion yuan.
Chinese Home Appliance Giant Midea Teams Up With NEV Startup Nio on EV Parts
Chinese home appliance giant Midea Group and Chinese new energy vehicle startup Nio have joined hands in several fields, including electric car parts.
Hisense Group unveils new AI tech for TV industry
Chinese home appliance maker Hisense Group has unveiled its self-developed large language model called Xinghai, as part of its broader push to accelerate the application of artificial intelligence technology into the television industry.
TCL amps up AI tech efforts to improve consumers' experience
Chinese consumer electronics maker TCL is doubling down on fast-growing generative artificial intelligence technology to improve consumers' experience and meet their evolving demands for smart home devices.
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