Haier, Baidu Partner Up to Popularize Smart Home Appliances
Chinese home appliance maker Haier Group Corp. has teamed up with internet and artificial intelligence leviathan Baidu Inc. as it looks to drive smart home products into everyday life. Haier’s smart home unit will look to provide solutions in seven areas (air, water, cleaning, security,...
China’s Hisense Overtook Sony, Samsung in Average TV Set Size Shipped Last Year
China's Hisense Co., a state-owned electric appliance manufacturer, reached an average shipped product size of 47.3 inches last year, surpassing Japan's Sony Corporation and gapping away from South Korea's Samsung Electronics Co. and LG Electronics Inc...
Baidu expands in smart hardware with investment in Coocaa
Baidu said it will invest 1.01 billion yuan (US$159.6 million) in Coocaa, the smart TV unit owned by consumer electronics producer Hong Kong Skyworth Digital Holdings, according to a stock exchange filing today. A total of 13.43 million yuan will be contributed toward the registered capital of...
JD.Com to Almost Double Home Appliance Stores Across China This Year
China’s second-largest e-retailer JD.Com Inc. aims to penetrate the offline market further this year by nearly doubling the number of its home appliance stores to 15,000 this year, thereby covering the whole country...
Haier's sales revenue rises 20% in 2017
China's leading home appliance maker Haier said on Saturday its global revenue increased 20 percent year-on-year to 241.9 billion yuan ($37.2 billion) in 2017 thanks to its expanding share in the high-end market.
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