Midea Makes Overseas Investment
Chinese electronics and home appliances maker Midea has announced that it plans to invest CNY392 million to acquire a 32.5% stake in Egypt's Misr
View ArticleHome Appliances Trade-in Policy Extended In China
According to reports in local media, the one-year-old home appliances trade-in policy, which was supposed to conclude at the end of May 2010, has
View ArticleNew Chinese Subsidies Provide Consumer Opportunities For Gome
Chinese electronics and home appliances retailer Gome announced that in response to the Chinese government's energy-saving appliances subsidy policy, the company will launch a
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Haier To Acquire GE's Home Appliances Business For USD5.4 Billion
Qingdao Haier plans to acquire home appliances business assets owned by General Electric and its subsidiaries for USD5.4 billion. According to GE, the deal
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Midea Desires Factory Automation In Industrial Robot Acquisition
China's Midea Group has raised a proposal to Kuka shareholders to acquire additional shares of this German industrial robot manufacturer for EUR115 per share,
View ArticleWorld Economic Forum Recognizes Midea Group For Production Sustainability
Midea Group was honoured as a pioneer of Industry 4.0 technologies with two factories, Midea Heifei and Midea Jingzhou, included in the Global Lighthouse
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