TCL Electronics Reports 25.7% Year-on-Year Revenue Growth in 2024
On March 21, TCL Electronics announced its 2024 financial results. The company reported revenue of HKD 99.322 billion, a year-on-year increase of 25.7%. Adjusted net profit attributable to shareholders was HKD 1.606 billion, up 100.1%.
Skyworth Digital Reports RMB 8.693 Billion in Revenue in 2024
On March 25, Skyworth Digital released its 2024 annual report. The company achieved revenue of RMB 8.693 billion, down 18.2% year-on-year. Net profit attributable to shareholders was RMB 251 million, down 58.34%, mainly due to price declines in smart terminal products and a significant drop in small...
Home appliance makers sharpen edge with AI
As the ever-increasing power of artificial intelligence spearheads a new wave of technological innovation and industrial revolution, Chinese home appliance manufacturers are accelerating the use of the cutting-edge technology and integrating AI startup DeepSeek's large language models into products ...
Changhong, Other Chinese TV Makers Link TV Sets to DeepSeek Chatbot
Changhong Electric has connected its smart television sets to artificial intelligence startup DeepSeek’s highly popular AI assistant, the Chinese TV manufacturer said yesterday. And Hisense Group and Skyworth TV have either already announced or are about to announce their integration with the...
Haier’s Car Service Platform Takes Over Autohome for USD1.8 Billion to Expand Services
Chinese home appliance giant Haier Group will invest USD1.8 billion to acquire a majority stake in Autohome, China's largest online automobile sales and information service platform, from Ping An Insurance Group. The move aims to enhance the scope and quality of services offered through Haier's...
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