Tencent Joins China's Smart-TV Race
Internet giant Tencent is testing the waters of the growing smart television industry by investing about $44 million in a company affiliated with Skyworth, China’s leading TV maker. Tencent Holdings Ltd. has bought a 7.7% stake of Shenzhen Coocaa Network Technology Co. Ltd., the third-largest smart...
BSH China’s Rosy Expectations of Smart Appliance Market Prompts Investment in Fridge, Oven Plants
Asian-Pacific markets, including China, are becoming drivers for the growth of BSH Home Appliances Corp. (BSH). BSH, which stems from a 1967 joint venture between Robert Bosch GmbH [GR:RBOS] and Siemens AG [ETR:SIE], is Europe's largest home appliance business. BSH is optimistic about China's...
Haier COSMOPlat Wins the 2017 Gartner Supply Chainovators Award
On May 22 local time, Gartner, the world's leading research and advisory company, has released the award of 2017 High-Tech Manufacturing Supply Chainnovators. With COSPOPlat, Haier becomes the first company across the Asian-Pacific region that has won the award and the very first and only one in the...
Read More →UK vacuum cleaner maker Dyson opens R&D lab in China
British technology company Dyson has opened a new research and development center in Shanghai, after the vacuum cleaner manufacturer saw Chinese sales leap 200 percent. Dyson plans to build a team of 50 engineers and support staff during the coming year, charged with marrying software and hardware...
Read More →China's Midea Group Launches Silicon Valley Tech Center
Midea Group, a Chinese electrical appliance manufacturer, launched technology center in Silicon Valley of the United States as part of an effort to turn itself into a technology company.
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