Chinese Small Home Appliance Firm Bear Buys Local Maker of Philips Products
Chinese small home appliance manufacturer Bear Electric Appliance has completed the acquisition of a local company making personal care products for Philips and other overseas brands to diversify its operations.
BSH Global R&D Center and BSH China Home Appliances Talent Center unveiled in Nanjing
On June 24, 2024, BSH Home Appliances Investment (China) Co., Ltd. signed a strategic cooperation memorandum with the municipal government of Nanjing. The BSH Global R&D Center and BSH China Home Appliances Talent Center were officially unveiled in Nanjing. This initiative demonstrates BSH’...
Chinese robotic vacuums sweep up overseas market
Chinese robotic vacuum cleaner manufacturers are accelerating steps to expand their footprint in overseas markets, with a key focus on upgrading products and improving technological innovation capacities amid a broader push to bolster global sales and enhance international influence and brand...
ARBONIA climate to be acquired by Midea Group. Sustainable growth with a new strategic investor
Midea Group has agreed to acquire the ARBONIA climate division. The Board of Directors of Swiss Arbonia AG has accepted Midea Group's offer to purchase its indoor climate specialist. Both parties already signed the agreements. Completion of the transaction is subject to customary closing conditions ...
Chinese Display Firms BOE and TCL Add Output in Vietnam to Avoid High US Tariffs
Chinese display manufacturers BOE Technology Group and TCL Technology Group are widening output in Vietnam to avert hiked tariffs on China-made goods in the United States.
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