TCL net profit up 42 pct in H1
China's high-tech industrial conglomerate TCL Corp. posted a 42.3 percent year-on-year rise in net profit in the first half of 2019...
China home appliances giant Midea net profit up 17.4%
Midea Group, a leading home appliances maker in China, reported a 17.4-percent annual growth in net profit in the first half of 2019...
Haier Boosts First-Half Income Overseas as Chinese Appliance Market Slips
Haier Smart Home, one of China's biggest appliance makers, boosted revenue by almost 9.4 percent in the first half as it turned to overseas markets amid a waning Chinese appliance sector..
China's home appliance sector expands in H1
The output and sales of China's home appliance saw a stable growth in the first half of the year, an industry report showed. Domestic retail sales reached 429.7 billion yuan ($62.28 billion) during the period, with over 40 percent contributed by online sales, according to a report released by the...
Chinese TV-Maker Konka Expands Africa Presence With Factory in Egypt
As domestic competition intensifies, Chinese home electronics companies are seeking opportunities to expand their businesses into overseas emerging markets to sustain growth. Konka Group, a Chinese home appliance maker known for its TVs, has set up a factory in Egypt as part of a joint venture with ...
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