BOE Vietnam Smart Terminal Phase II Project Begins Mass Production Ahead of Schedule
On June 10, the mass production and customer delivery ceremony for BOE's Vietnam Smart Terminal Phase II Project was successfully held in Phu My, Ba Ria-Vung Tau Province, Vietnam. This marks BOE’s first self-built smart factory overseas, and the Phase II project began mass production two and a...
Midea to Buy Dutch Heating Giant BDR Thermea's China Business
Midea Group plans to acquire the China operations of Dutch heating and ventilation systems provider BDR Thermea Group, to accelerate the Chinese home appliance giant’s global expansion and bolster its shift towards more commercial solutions.
Teka begins a New Century as part of Midea Group
Midea Group, a leading global technology company, has effectively completed the acquisition of Teka Group (excluding Teka Rus LLC). This strategic operation, initially disclosed in June 2024, strengthens Teka Group’s global competitiveness and positions it for rapid expansion in new product...
Appliance makers Midea, Hisense in strategic partnership
Chinese home appliance manufacturers Midea Group and Hisense Group on May 7 inked a strategic partnership to collaborate in multiple fields, such as artificial intelligence applications, global advanced manufacturing and smart logistics.
AUCMA to Build Smart Refrigerator Manufacturing Plant in Indonesia with Annual Capacity of 500,000 Units
AUCMA has announced its plan to build a smart manufacturing plant for refrigerators in Indonesia, with an annual production capacity of 500,000 units. The total investment for the project is approximately RMB 360 million. The project will be constructed in two phases.
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