BOE saw revenue of 2021 up 61.79% YoY

BOE posted revenue of 219.31 billion Yuan in 2021, up 61.79% YoY, and net profit attributable to shareholders of the listed company 25.831 billion Yuan, up 412.96%, setting a record high, according to the annual report released by the company on April 1 2022.

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Midea to Buy Rest of Kuka for USD165 Million Before Taking German Robot Maker Private

Chinese home appliances giant Midea Group said it plans to spend about EUR151 million (USD165 million) to fully acquire Kuka before delisting the leading German industrial robots maker.

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Chinese White Goods Giant Hisense to Set Up R&D Centers in US, Japan This Year

Hisense will establish research and development centers in the United States and Japan this year to further expand in overseas markets, the vice president of the Chinese household appliance maker’s international marketing business has revealed.

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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...

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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 ...

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