Hisense Home Appliances Posts 1.16% Revenue Growth in Q3
Hisense Home Appliances reported its third-quarter 2025 results on September 28. Revenue for the first three quarters reached RMB 71.533 billion, up 1.35 percent year-on-year. Net profit attributable to shareholders of the parent company edged up 0.67 percent to RMB 2.812 billion. For the third...
TCL Smart Home Net Profit Increases 18.45% Over First Three Quarters
On October 19, TCL Smart Home released its 2025 third-quarter report. The company recorded RMB 4.869 billion in revenue during the third quarter, 2.3 percent lower than the same period last year. Net profit attributable to shareholders of the listed company rose sharply to RMB 339 million, an...
Domestic Analog Chips Are Now Widely Used in China’s Home Appliances, Insiders Say
Domestically made analog chips are already being widely used in China’s home-appliance sector, distributors, analysts, and experts said after the country launched an anti-dumping investigation into non-digital semiconductors from the United States.
Haier Group and Alibaba Sign Comprehensive Strategic Cooperation Agreement
On October 13, Haier Group officially announced that it has recently signed a comprehensive strategic cooperation agreement with Alibaba Group, marking the start of an all-around AI partnership. Leveraging Haier’s full-ecosystem layout and Alibaba’s end-to-end AI capabilities, the two parties will...
Hisense Announces Groundbreaking of Its Largest Overseas Industrial Park
According to Hisense, the groundbreaking ceremony for the Hisense HHA Intelligent Manufacturing Industrial Park was held on September 23 at the Amata City Chonburi Industrial Estate in Thailand. This marks Hisense’s largest industrial park outside of China. The HHA Intelligent Manufacturing...
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