Industry News

TCL's Li urges Trump to approve his US technology acquisitions

TCL Corp Chairman Li Dongsheng said the Chinese electronics giant is in the final stages of making an investment in a US technology company that would be worth as much as $300 million and urged President Donald Trump's administration to allow him to seal the deal. Li said in a Bloomberg Television...

Toshiba Will Sell Its Japanese TV Business; China's Hisense Group May Buy It

Toshiba Corp. is planning to sell its television business and restructure its other businesses. The most likely bidder is Hisense Group Co., as Japanese media reported. Toshiba plans to sell over half its equity in Toshiba Solutions Corp., its television-line subsidiary, Asahi Shimbun reported on...

Haier Central Air-conditioning becomes Danfoss' chief global strategic partner

Haier Central Air-conditioning was recognized as Danfoss’ chief global strategic partner at Shanghai New International Exhibition Center on April 12, 2017. It is learned that Haier is set to cooperate with Danfoss comprehensively in R&D, experiment, testing, manufacturing, market expansion and...

Smart Production and Connectivity to Be a Highlight at China's Appliance and Electronics World Expo

After the Consumer Electronics Show in the US, China’s largest home appliance exhibition, the Appliance and Electronics World Expo, has become the main arena for domestic firms to flex their tech for the world. Chinese appliance giant Haier Group Corp. occupies an entire pavilion at the Shanghai...

Artificial Intelligence Is Next Step for Enhancing Kitchen Experience, BSH Home Appliances CEO Says

The next move to enhance users’ experience in kitchens lies in artificial intelligence, Karsten Ottenberg, chairman of the board and chief executive of BSH Home Appliances Group, told Yicai Global at the Appliance and Electronics World Expo. The next step in development of smart home appliances is ...