2016-4-9
Midea Group Co and Qingdao Haier Co are among suitors that submitted bids for GeneralElectric Co's home-appliances business, after a sale to Electrolux AB fell apart last month,people with knowledge of the matter said.
Detail
- 2016-4-9Midea, Haier bid for GE's appliances business
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Midea Group Co and Qingdao Haier Co are among suitors that submitted bids for GeneralElectric Co's home-appliances business, after a sale to Electrolux AB fell apart last month,people with knowledge of the matter said.
- 2016-4-9China Focus: Chinese brands reveal "smart" appliances atCanton Fair
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- At the Canton Fair, the country's largest trade fair and abarometer for Chinese exports, leading domestic appliance brands showed off their latest"smart home" products as the sector battles an export slump.
- 2016-4-9Appliance makers getting smart
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Chinese home appliance makers are forging tie-ups with technology companies to gain an innovation edge in smart products.
- 2016-4-9China home appliance makers poised for strong growth
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Chinese home appliance makers like Qingdao Haier Co Ltd and Midea Group are on track to deliver stellar growth this year thanks to rising wages and the country's urbanisation drive.
- 2016-4-9Appliance makers to ride intelligence and Internet to glory
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By 2020, home appliances will generate annual sales of 2.2 trillion yuan ($339.3 billion) in China.