China

2022.08.08

Chinese Air Conditioner Production Volume Grows Slightly in

According to the China National Bureau of Statistics, room air conditioners (RACs) reached a production volume of 21.829 million units in May, 2022, rising by 0.1% year on year; while the first five m...

2022.08.08

Nanchang Highly Achieves Record High Production Volume in Ma

In May, 2022, Nanchang Highly saw its single-month production volume reach 2.1 million units, growing by 48% month on month, and rising by 67% year on year, reaching the highest single-month productio...

2022.08.08

TICA Holds Groundbreaking Ceremony for Chengdu Factory Phase

In order to further expand its production scale, and create momentum in the commercial air conditioning market in Southwestern China, on June 1, TICA Chengdu held the groundbreaking ceremony for its P...

2022.08.08

Residential Freezer Production Volume Decreases by 20% in Ch

According to the China National Bureau of Statistics, residential freezers (residential freezing boxes) saw a current value of production volume coming to 1.871 million units, falling by 20.3% year on year; while the cumulative production volume of residential freezers during the first five months of 2022 came to 10.528 million units, falling by 20.1% cumulatively.  ...

2022.08.07

Panasonic Refrigerator Production Line Put into Operation

Panasonic Home Appliances Refrigerator (Wuxi) held the ribbon-cutting ceremony for its refrigerator press working plant, indicating that Panasonic’s brand new production line has completed const...

2022.08.07

AC and Refrigerator Export Volumes Decrease in May

According to statistics from the China General Administration of Customs, air conditioner export volume reached 4.99 million units in May, 2022, decreasing by 19.2% year on year. The cumulative export volume came to 28.52 million units from January to May, dropping by 7.8% year on year. The refrigerator export volume reached 5.31 million units in May, falling by 18% year on year; the cumulative...

2022.08.07

Yaskawa Builds a New Mounting Boards & Electronic Units Plan

Yaskawa Electric announced that its new plant for Yaskawa (Changzhou) Mechatronics system, a group company, was completed in June 2022. The plant has already begun mass production of mounting boards f...

2022.08.07

Gree Expanding Presence in Smart Home Field

Gree Smart Home has penetrated the market to gain a presence in smart home categories including smart home systems, smart home networks, smart voice interaction, smart scene solutions, smart products ...

2022.08.07

Highly Mianyang 20-Millionth Rotary Compressor Rolls off

As an important region in Highly’s global presence, Highly Mianyang has great significance in Highly’s strategy planning, and is playing the role of a strategic platform in serving custome...

2022.08.04

Midea group keeps climbing up to now #245 on 2022 fortune gl

03.08.2022 The 2022 Fortune Global 500 announced Midea Group being for its seventh consecutive year climbing up, this year another 43 ranks to #245.   In Midea Group’s 2021 Annual ...