Home appliance makers eye bigger global reach
Chinese small home appliance makers are accelerating steps to expand their footprint in emerging overseas markets and increasing investment in localized research and development as part of a broader push to bolster sales globally and enhance international influence and brand recognition, industry...
Read More →Haier Smart Home Boosts Local Manufacturing and Expands Global Presence with New Ecological Park in Egypt
Haier Smart Home officially inaugurated the Egypt Ecological Park, marking a significant step in deepening its market presence in the Middle East and Africa and another milestone in its global expansion.
Read More →Xiaomi Aims to Sell USD27.6 Billion of Products via JD.Com in Next Three Years as Pair Deepen Alliance
Xiaomi and JD.Com have agreed on new strategic cooperation, with the Chinese electronics titan aiming to sell products worth CNY200 billion (USD27.6 billion) across the e-commerce giant's channels over the next three years.
Read More →Chinese Air Con Firms Focus on Branding, Low-Tariff Plants in SE Asia to Hike Exports
Chinese makers of air conditioning equipment are increasing their emphasis on branding and accelerating the shift of production to Southeast Asia to avert hiked tariffs to stick to their market shares amid sluggish domestic growth.
Read More →Haier Smart Home makes growth in multiple businesses in 2023
Haier Smart Home released its performance report for 2023 on March 28, 2024. During the reporting period, the company posted revenue of 261.428 billion yuan, an increase of 7.3% year-on-year.
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