Factories from Haier, Midea and BOE included in Global Lighthouse Network
The World Economic Forum (WEF) has added 13 new smart factories to its ‘global lighthouse network’ of flagship sites for advanced manufacturing on March 30 2022, of which China-based home appliance factories are BOE Technology Group (Fuzhou, China), Haier (Zhengzhou, China), Midea (Jingzhou, China...
Read More →JD Group posted net revenue of 951.6 billion Yuan for 2021
JD Group posted revenue of 951.6 billion Yuan (around 149.3 billion USD) in 2021, up 27.6% YoY, and revenue of 275.9 billion Yuan (around 43.3 billion USD) for Q4 alone, up 23% YoY, according to the annual report released by the company on March 10 2022. It is learned that revenue from JD Logistics ...
Read More →TCL Electronics posted revenue of 74.85 billion HKD for 2021
TCL Electronics posted revenue of 74.85 billion HKD for 2021, up 46.9% YoY, according to the annual report the company released on March 11 2022. It is learned that its net profit attributable to the parent company fell slightly to 1.18 billion HKD under the influence of rising raw material costs,...
Read More →Haier expands production with two new factories in Turkey
Haier Smart Home increases its investment overseas with two new factories built in Turkey, after the opening of its overseas factories in India, Romania and Russia, according to the announcement of the company made on October 25 2021.
Revenue of Haier Smart Home up by 10.1% YoY for the first three quarters of 2021
Haier Smart Home unveiled its performance report for the first three quarters of 2021 on October 29, 2021. According to the report, the company posted revenue of 169.96 billion Yuan for the first three quarters, up by 10.1% year over year, net profit attributable to the parent company 9.93 billion...
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