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Foreign consumers snap up Chinese robotic vacuum cleaners in 2023
Since the beginning of 2023, the cross-border e-commerce has seen recovery, said a staff of Midea store on the AliExpress platform, adding that the store has sold thousands of robotic vacuum cleaners to the overseas market, including Spain, France and Russia, since January.
February13,2023
China tech giant Midea expands European heat pump market
Chinese leading technology enterprise Midea Group is building a new heat-pump production base in Italy to expand its European heat pump market.
November16,2022
Midea to invest 10 bln yuan in digital science and technology industrial park
Midea (000333.SZ), China's leading manufacturer of home appliances, will invest 10 billion yuan (about 1.49 billion U.S. dollars) in building a digital science and technology industrial park, reported Shanghai Securities News recently.
May30,2022
Elevator business a new growth engine for Chinese home appliance maker Midea
The elevator business has become a new growth engine for Midea Group, China's leading home appliance manufacturer, according to the company.
November16,2021
Midea net profit up over 19 pct in 2019
Midea Group, a leading Chinese home appliance manufacturer, reported a year-on-year increase of 19.68 percent in its net profit in 2019.
April30,2020
China's Midea Group expects net profit growth in 2018
China's home appliances maker Midea Group expects to report a fast growth of net profit for last year, it said in a statement Tuesday.
January15,2019
China's electronic giant to contruct technology park in India
Midea Group, Chinese electrical appliance manufacturing company, has started construction of a Science and Technology Park in western India.
November06,2018
Industrial internet seen as being the key to Midea's business strategy
The industrial internet will help not only fundamentally change the manufacturing method at home appliances giant Midea Group, but will contribute to the upgrading and transformation of China's entire manufacturing industry.
October24,2018
Midea Group opens R&D center in Silicon Valley
Midea Group, a leading global player in consumer appliances, heating, ventilation and air-conditioning systems, and robot and industrial automation systems, has opened a technology research and development center in Silicon Valley.
October23,2017
Purchase of KUKA win-win: China's Midea senior executive
The vice president of Midea Group, a Chinese electrical appliances manufacturer, said Tuesday that the company's cooperation with German robotics and system technology company KUKA, was beneficial to both.
April26,2017
China's home appliance giant Midea eyeing 'smart factory' market
Already a leader in air conditioners and washing machines, Chinese home appliance giant Midea has set its sights on a new industry: robots.
March13,2017
Midea deals to push it up the value chain
The acquisition of a number of international intelligent automation solution makers will help develop new business growth for Midea Group, a traditional home appliance maker based in Guangdong province, according to a senior company executive.
March10,2017
Midea buys controlling stake in Servotronix
Chinese electronics giant Midea Group has purchased more than 50 percent of the Israeli automation company Servotronix Motion Control, with the latter valued at $170 million.
February16,2017
JD and Midea deepen cooperation
JD.com Inc, China's second-largest e-commerce player, signed a 20-billion-yuan ($2.9 billion) strategic cooperation agreement with Chinese home appliance maker Midea Group
January18,2017
China's Midea completes takeover bid for German robot maker
Chinese home appliance maker Midea Group announced on December 30, 2016 that it has secured approval for its bid to take over German robotics firm Kuka and will complete the deal in early January.
January03,2017
Commentary: No need to regard Chinese investment with suspicion
Chinese home appliance maker Midea Group's bid for German robot maker Kuka AG has clearly demonstrated the spirit of win-win cooperation while dispelling "suspicions" surrounding Chinese investments.
August09,2016
China's Midea to hold about 95 pct stake in German robotics firm
China's home appliance manufacturer Midea said Monday that it was taking a 95 percent holding in German robotics maker Kuka.
August09,2016
China's Midea to hold over 70 percent stake in German robotics firm
China's home appliance manufacturer Midea said on July 14 that it is set to increase its stake in German robotics maker Kuka to above 70 percent.
July25,2016
Germany's Kuka confirms China's Midea Group bid for more shares
China's home appliances manufacturer Midea Group is bidding to take over a controlling stake of German robot maker Kuka, Kuka announced in a statement.
May20,2016
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