Deerma listed on GEM of Shenzhen Stock Exchange

Deerma went public on GEM of Shenzhen Stock Exchange on May 18, 2023. The milestone will contribute to the company’s leading position in innovative home appliance market and its global expansion. Currently, there are two brands-Deerma and Philips under its umbrella, with Deerma for portable...

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Home appliance players tapping healthcare market

Major Chinese home appliance manufacturers are ratcheting up efforts to make forays into the healthcare segment, in a bid to seek new sources of revenue amid sluggish growth in the country's household appliance industry.

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AWE2023 opens with prospect into smart home

AWE2023 opens at Shanghai New International Expo Centre on April 27. Under the theme of “Smartize the Future”, AWE2023 presents a panoramic view of a smart future life to global consumers with the latest innovations in home appliance and consumer electronics from over 1,000 exhibitors across the...

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China's home appliance giant Haier builds 1st plant in Egypt

China's home appliance giant Haier held a groundbreaking ceremony on Wednesday for its first Egyptian factory, aiming to boost the manufacturing industry and provide local jobs in the North African country.

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Midea holds groundbreaking for third Brazil plant

Chinese home appliance maker Midea Group held a groundbreaking ceremony on Thursday for its new plant in Brazil, the company's latest move in the expansion of its footprint in the South American country.

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