European Commission clears acquisition of Teka by Midea
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Teka of Spain by Midea of China.
Gaggenau launches flagship store in Beijing
Gaggenau, a German luxury kitchen appliance manufacturer owned by Munich-headquartered BSH Home Appliances Group, inaugurated a flagship store in Beijing on Tuesday, marking a notable step in expanding its presence in North China.
Read More →China’s TCL Smart Home to Invest USD67 Million in New Refrigerator Production Base in SE Asia
TCL Smart Home Appliances, a subsidiary of Chinese home appliance giant TCL Technology Group, plans to invest CNY490 million (USD66.8 million) to establish a new refrigerator production base in Southeast Asia.
Chinese companies shine at CES
Chinese technology companies are in the spotlight at the 2025 Consumer Electronics Show, the world's premier tech show, in Las Vegas in the United States, as they showcase their latest technological achievements and innovative products, including semiconductor displays, smart homes, wearable devices...
Chinese Firms Exhibit Armed Robot Vacuums at CES, Eyeing Market Edge
Chinese cleaning appliance makers are showcasing prototype robot vacuum cleaners equipped with mechanical arms at this year's Consumer Electronics Show, hoping to gain an advantage in an increasingly competitive market.
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