Small home appliances enjoy export boom
Chinese makers of small home appliances are seeing explosive growth in exports as most people remain indoors and increasingly cook for themselves amid extended COVID-19-related lockdowns worldwide.
Konka launches operation of its live stream base for white goods
Konka’s Chuzhou-based live stream base for white goods comes on stream on November 7 2020, which is the first home appliance live stream base of Chuzhou city. With a total investment of 2 million RMB, the 1000 m² base has raked in 35 million RMB since its trial live streams in May. The total sales ...
Whirlpool’s Aurora dishwasher factory comes on stream
Whirlpool’s Aurora dishwasher factory comes on stream in Hefei, Anhui province on November 18 2020. As a world-class “Industry 4.0” intelligent factory, it adopts intelligent industrial robots and equipment to give it an edge in warehousing and logistics. Amid the coronavirus, consumers’ demand ...
Haier rose in sales of Russian market
Haier Russia fulfilled 107% of its yearly sales goal as of September 2020, up by 26% year-on-year, according to statistics from Russia. Category wise, 70cm refrigerators from Haier accounted for 64.7% of the market, three-door refrigerators and French-door refrigerators more than 90%; washing...
Net profit of Midea for Q3 up by 32%
Midea achieved revenue of 216.76 billion RMB for the first three quarters of 2020 with a shrinkage of 1.9% year-on-year, and net profit attributable to owners of the parent company 22 billion RMB for the same period of time, up by 3.3% year-on-year, according to the company’s Q3 financial report...
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