Chinese home appliance giant Haier launches groundbreaking ceremony for 40-mln-USD plant in Egypt
Chinese home appliance giant Haier held a groundbreaking ceremony on Monday for the second phase of its industrial park in Egypt in 10th of Ramadan, a city northeast of Cairo.
Xiaomi TVs made in Egypt are set to enter the African market
On September 3, 2024, Pan Jun, General Manager of Xiaomi TV announced that Xiaomi TVs manufactured by its Egyptian factory will soon be launched in Africa. It is reported that Xiaomi currently has a cooperative factory in Egypt that produces Xiaomi smartphones and other smart devices. This factory...
China reports surge in home appliance sales under trade-in program
The ongoing trade-in program for home appliances has led to a surge in sales revenues which topped 33.5 billion yuan ($4.78 billion) since August, the latest data from the Ministry of Commerce (MOC) showed.
Read More →China's Home Appliance Exports Rise 14.7% in First Eight Months
Home appliance exports from China jumped 14.7 percent in the first eight months from a year ago, driven mainly by Chinese companies' global expansion and higher external demand, which, however, may weaken.
Home appliance giant Midea Group debuts on Hong Kong market
Home appliance giant Midea Group went public on the Hong Kong stock market on September 17.
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