Xiuqiang Glasswork Plans to Raise up to USD148.8 Million, Invest in Smart Glass Business
Jiangsu Xiuqiang Glasswork Co. plans to raise USD148.8 million (CNY1 billion) in funding through a private share placement. The firm will issue shares to five previously selected investors. he proceeds will be used to build a new smart glass production line as well as fund two children' education...
Yaskawa Electric Ramps Up Efforts to Expand Presence in China's Robotics Market
World-leading robot maker Yaskawa Electric Corp. is pushing to expand its presence in its biggest overseas market, China, Nishikawa Seigo, managing director of Yaskawa Electric China Co., told Yicai Global. Yaskawa's sales in the country leapt to JPY26.9 billion (USD242 billion) in the first...
China’s Midea Group to invest Rs 800 crore for Pune plant for making appliances
Placing India high in its scheme of things, Chinese appliance maker Midea on Friday announced a Rs 800 crore investment to set up a manufacturing facility in Pune. The unit will have a production line for appliances such as refrigerators, washing machines and water appliance products. Spread over 43...
Haier Now Holds 51 % Stake in Greenonetec
On 18 May 2017, Chinese-based Haier Group, one of the largest manufacturers of household appliances in the world, bought a 51 % stake in Austrian collector manufacturer Greenonetec, based in St Veit in southern Austria, from its sole shareholder, Robert Kanduth. Both parties share 50:50 voting...
Haier saw a year-on-year increase of 171% in sales volume, and 232% in sales of refrigerators in Russia
Haier has seen a year-on-year rise of 171% in sales volume, and 232% in sales of refrigerators in Russia from Jan-May 2017, 5 times faster than the average of the industry, according to its latest released data on May 31, 2017. A marketing officer of Haier's refrigerators in Russia says, this...
| First | Previous | Next | Last | Current:79 [75] [76] [77] [78] [79] [80] [81] [82] [83] ... |