Hisense saw revenue of 8.539 billion Yuan in the third quarter of 2019

Hisense posted revenue of 8.539 billion Yuan, and net profit of 0.202 billion Yuan for the third quarter alone, with gross profit of main business up by 2.89%, according to the company’s report released on October 30, 2019.

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Konka invests 1.5 bn Yuan to jointly establish a Micro LED company

Konka announces to invest 1.5 billion Yuan to establish a joint company that focuses on Micro LED development with Chongqing Liang Shan Investment Company on September 17, 2019. Konka put less than 2.55 billion Yuan into the joint company to allow it procure related machines to develop, manufacture ...

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Pinduoduo Blows Past JD.Com to Become China's No. 4 Internet Firm by Value

It has taken Pinduoduo just four years to become China's fourth-biggest internet company by market capitalization after its stock price jumped over 12.5 percent yesterday, valuing the e-commerce giant at almost USD46.5 billion, compared with rival JD.Com's USD44.8 billion...

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Haier Group's Japan Unit AQUA Opens "AQUA Laundry Shop" in Chinese City of Qingdao

AQUA Co., Ltd., a unit of China's consumer electronics and appliances manufacturer Haier Group which holds a major share of the global white goods market, opened "AQUA Laundry Shop" at Haier Cloud Park in the Laoshan district of Qingdao City, Shandong Province, China, on September 19 (Thursday), 201...

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AUX Kicks off Structure Completion Ceremony for Its Smart Manufacturing Base in Thailand

AUX held "Belt and Road" Thailand Base Structure Completion Ceremony & AUX "Belt and Road" Strategic Partnership Conference in Rayong, Thailand...

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