Xiaomi's first smart home appliance factory starts operation

Chinese tech firm Xiaomi launched its first smart home appliance factory in Wuhan, Central China's Hubei province, on Tuesday, marking a major expansion of the tech giant's manufacturing footprint beyond smartphones and vehicles.

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Dreame Technology moves nimbly to expand overseas

Chinese smart home appliance maker Dreame Technology is stepping up efforts to expand its global presence, pouring significant investment into research and development and driving technological innovation based on user demand.

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Ecovacs and Alibaba Cloud Forge Full-Stack AI Partnership

Ecovacs has recently entered into a full-stack AI strategic partnership with Alibaba Cloud. Under the collaboration, the two companies will jointly develop technologies in embodied intelligence across areas such as AI compute, on-device model deployment, and VLM. Ecovacs will also build vertical...

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Haier Smart Home Net Profit Rises 14.7% in First Three Quarters

On October 30, Haier Smart Home released its 2025 third-quarter results. The company generated RMB 234.05 billion in revenue for the first three quarters, an increase of 10 percent year-on-year. Net profit attributable to shareholders of the parent company reached RMB 17.37 billion, up 14.7 percent,...

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Gree Electric Reports Lower Revenue but Higher R&D Spending

Gree Electric released its 2025 third-quarter report on October 30. For the first three quarters, the company posted RMB 137.18 billion in revenue, down 6.5 percent year-on-year. Net profit attributable to shareholders of the parent company declined 2.27 percent to RMB 21.461 billion. Despite the...

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