Haier profit rises 12.6 pct in first 9 months
Qingdao-based Haier Group, one of the world's biggest home appliance suppliers, said on Saturday its net profit increased 12.6 percent in the first three quarters this year.
Read More →Midea Group furthers partnership with Chinese Swimming Association
China's home appliance manufacturer Midea Group has renewed an agreement with the Chinese Swimming Association, becoming a strategic partner with the association, according to the company. "The partnership will help boost Midea's global presence," said Wang Jinliang, vice president of Midea.
Read More →China phases out over 250,000 tonnes of ozone depleting substances
China has phased out 250,000 tonnes of ozone depleting substances (ODS) in the past five years, accounting for over a half of the total amount phased out by all developing countries, the Ministry of Environmental Protection (MEP) said Friday.
Read More →China 'unaffected' by washer recall
South Korea's Samsung Electronics Co Ltd's local unit said on Monday the Chinese market won't be affected by its recall of millions of washing machines in the United States following several reports of injuries due to "excessive vibration".
Read More →Appliance makers forecast double-digit export growth
China's major home appliance manufacturers are expected to post double-digit growth inexport volumes this year, driven by high-end smart products, company executives said. Zhang Qingfu, vice-president with the international unit at Haier Group, China's biggesthousehold appliance supplier, said that ...
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