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...
Bosch to expand presence in China with its new venture with China's Vanward
The operations in China of a new joint venture－involving heat technology and hot water products－will help expand the market presence of Robert Bosch GMbH in the mainland, a senior executive of the German group said on Tuesday. Bosch Thermotechnology, the European manufacturer of energy-efficient...
Tencent Joins China's Smart-TV Race
Internet giant Tencent is testing the waters of the growing smart television industry by investing about $44 million in a company affiliated with Skyworth, China’s leading TV maker. Tencent Holdings Ltd. has bought a 7.7% stake of Shenzhen Coocaa Network Technology Co. Ltd., the third-largest smart...
BSH China’s Rosy Expectations of Smart Appliance Market Prompts Investment in Fridge, Oven Plants
Asian-Pacific markets, including China, are becoming drivers for the growth of BSH Home Appliances Corp. (BSH). BSH, which stems from a 1967 joint venture between Robert Bosch GmbH [GR:RBOS] and Siemens AG [ETR:SIE], is Europe's largest home appliance business. BSH is optimistic about China's...
Haier COSMOPlat Wins the 2017 Gartner Supply Chainovators Award
On May 22 local time, Gartner, the world's leading research and advisory company, has released the award of 2017 High-Tech Manufacturing Supply Chainnovators. With COSPOPlat, Haier becomes the first company across the Asian-Pacific region that has won the award and the very first and only one in the...
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