Toshiba sells TV business to Hisense
Chinese home appliance maker Hisense Group said on Nov 14 that it was acquiring the television business of struggling Japanese conglomerate Toshiba for 12.9 billion yen ($113.44 million) to further expand its overseas business...
Haier to make washing machines in Hefei
Chinese home appliances giant Haier Group is building a washing machine plant in Hefei, the capital of East China's Anhui province, that can produce three million units every year. The company's move comes close on the heels of its main competitor Meiling's decision to set up a washing machine plant...
Panasonic, Porsche to Work on High-End Household Appliances for Chinese Market
Volkswagen Group's Porsche AG will work with Panasonic Corp. to jointly develop high-end household appliances for the Chinese market, starting with washing machines, Securities Daily reported.
Air conditioner companies join hands to strengthen protection
Leading Chinese home appliances manufacturers including Gree, Midea, Haier, TCL, Hisense, Changhong and Aux have joined hands to protect the intellectual property rights of the entire air conditioner sector, establishing the first IP rights alliance for the industry in China...
Read More →Midea Group, Guangzhou Pharma to Develop Medical Robots, Big Data and Intelligence Logistics
Leading Chinese home appliance maker Midea Group Co. has agreed a strategic cooperation with Guangzhou Pharmaceuticals Corp. to develop medical robots, health-related Big Data and intelligent logistics, the companies said in a press briefing on Sept. 19...
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