Midea, Haier boost earnings as Chinese adopt smart appliances
Rising middle class in nation leads to an upmarket strategy. China's top two makers of household goods are enjoying an earnings boost as millions of Chinese families increasingly adopt higher-priced smart appliances, such as refrigerators that connect to the internet.
China's Midea to hold about 95% stake in German robotics firm
China's home appliance manufacturer Midea said Monday that it was taking a 95 percent holding in German robotics maker Kuka. Midea will take 37,605,732 shares, 94.55 percent of Kuka after the bid is settled.
Gizwits, Vodafone cooperate on cross-border IoT business
Gizwits, a Chinese Internet-of-Things (IoT) solution provider, strike a deal with global telecommunication giant Vodafone on July 21 to offer their common clients statistics and analytics for overseas IoT devices that use Vodafone's SIM cards...
Chinese company Hisense reaps benefits from Euro 2016 sponsorship
Chinese electronics giant Hisense appears to have gotten its money's worth out of its sponsorship of the Euro 2016 soccer championship.
Service key to online sales of air conditioners
As summer temperatures have soared in China, so have searches for "air conditioner" on online marketplaces such as Tmall, Taobao, Suning and JD.
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