Samsung steps up moves into the home
Samsung Electronics Co Ltd is speeding up its layout into the home appliances sector in China-ranging from televisions, refrigerators, washing machines, air purifiers and robot vacuum cleaners-as it continues its efforts to put behind it the global recall of its flagship Galaxy Note 7 smartphone...
Read More →JD.com to Expand Offline Presence in Rural Appliance Market
(Beijing) – JD.com, which accounts for 62% of China’s online home appliance sales, plans to expand its offline presence by opening 10,000 brick-and-mortar stores this year, according to Vice President Yan Xiaobing. JD.com, China's second-largest e-commerce platform after Alibaba Group, is counting...
Read More →Alibaba buys 25 percent stake in Haier multimedia company
Qingdao Haier Co Ltd - the listed arm of Haier Group, China's biggest home appliance supplier - said it will join hands with e-commerce giant Alibaba Group Holdings Ltd to own stakes in Haier's multimedia company. Haier said its multimedia company, which is positioned as an operating platform of...
Read More →Hisense phone targets e-book lovers
Chinese home appliance manufacturer Hisense Group launched its first dual-screen smartphone A2, aimed at young consumers and e-book enthusiasts. The smartphone has a 5.5-inch AMOLED display on the front and a 5.2-inch Kindle-like electronic paper display on the back, on which users can read and...
Read More →Home appliance makers' profits up 20.4% last year
Domestic home appliance manufacturers reported a 20.4 percent increase in 2016 profits, Beijing Business Today reported citing data from the National Bureau of Statistics. Last year, China's home appliance makers' core business revenue totaled 1.46 trillion yuan ($212.37 billion), up 3.8 percent...
Read More →First | Previous | Next | Last | Current:71 [67] [68] [69] [70] [71] [72] [73] [74] [75] ... |