Haier Group, a leading Chinese home appliance firm, is reportedly planning to enter the automotive industry with the launch of its own brand of cars, although a specific launch date has not yet been determined.
The trial regarding a pair of infringement cases for invention patent rights in which AUX Air Conditioning sued Gree Electric Appliances and Ningbo Yongge Information Technology Co., Ltd., has now ended.
Chinese appliance manufacturer Gree replied on Sunday to recent reports of being handed an administrative fine of $91.2 million by U.S. authorities for selling defective dehumidifiers in the country.
China’s Electric Appliance Giant Gree announced its results in the first three quarters of 2021 on Tuesday. The report shows that the company achieved operating income of $7.4 billion in the third quarter, down 16.5% year-on-year.
According to Tianyancha App, Mi Apartment (Beijing) Commercial Operation Management Co., Ltd. was established with a registered capital of 700 million yuan. The entity is wholly-owned by Xiaomi.
According to Zdnet News, Dong Mingzhu, Chairwoman of Gree Electric, is bent on introducing Huawei’s HarmonyOS.
China's electric appliance giant Gree is planning to cancel the company's employee stock ownership plan, leading its total equity to shrink from 6.016 billion units to 5.914 billion units.
Huawei is talking about selling parts of its Honor smartphone line to Chinese IT provider Digital China Group and other potential buyers, according to confidential sources, Reuters reports.
China's electronic company Xiaomi announced a 52.6 percent year-on-year growth in revenue in 2018 despite a lower-than-expected revenue in its fourth quarter.
A BYD Tang was sighted in the parking lot of Chrysler’s headquarters in Auburn Hills, Michigan in June. Chrysler purchased the vehicle as a reference for its forthcoming 2018 Jeep Cherokee. A US automaker was ‘learning’ from BYD Tang’s experience.