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Haier AC Export Increases 31% in 2007
According to Haier, its AC profit in 2007 increased by 26% over 2006. The global sales income increased 22% compared with that of 2006, in which the domestic market saw a 20% increase and the overseas market saw a 31% increase.China has been the la rgest AC producer in the world for many years, maki...
Midea to Build AC Assembly Plant in Vietnam
On January 22, China National Development and Reform Commission approved t he project for the construction of an air-conditioning assembly plant invested by Midea Electric Appliances in Vietnam.According to Midea, in the middle of 2007, they had developed the plan to do the initial preparation for t...
Daikin to Establish AC Factory in India
Daikin Industries, Osaka, Japan, through its subsidiary Daikin Airconditioning India Pvt. Ltd., has recently acquired an industrial site for the establishment of a new air-conditioning equipment production base in the Neemrana Industrial Area of the state of Rajasthan, India.With an investment of ap...
Hitachi Releases H/P PACs with High Heating Capacities
From June 20, Hitachi Appliances began releasing in stages 12 models (sizes 80 -160) of light commercial packaged air conditioners (PAC) with the industry’s top heating capacities, at low outside temperatures. They include units designed specially for cold climates which can individually control 2-4...
Dun’an Reinforces Central AC Business
During the meeting of the board of directors held in April, 2008, Zhejiang Dun’an Artificial Environment Equipment Co., Ltd. decided to invest RMB 80 million (about US$ 11.5 million) to create a new, wholly- owned company, Zhejing Dun’an Mech- electric Technology Co., Ltd., in Zhuji, Zhejiang provin...
New Mandatory National Standard on Multi ACs to Become Effective
The minimum allowable values of the integrated part load value (IPLV) and energy efficiency grades for multi- connected air- conditioner (heatpump) unitareapproved by the national administration of quality supervision, inspection and quarantine (AQSIQ) and the national standardization administration...
Midea AC Enters Thailand
As reported, the Midea Group, a famous Chinese home appliance manufacturer and one of the three major AC manufacturers in the world, has successfully entered the Thai market, and has completed its key phase for its layout in Asia. The Midea AC Equipment (Thailand) company, with investment of 3 milli...
Chigo to Set up Central AC Base in Wuhu
Chigo announced its 2008 operational plan for its central AC business during its core distributors’conference. According to Chigo, the company will set up two central AC production bases in Wuhu, Anhui province and Jiujiang, Jiangxi province.The Wuhu Economical Development Zone is the only national-...
RAC Sales in Southern Europe Decline
Despite Europe’s sound economic fundamentals, the strong headwinds, which include persistent uncertainties about the duration and the ultimate cost of the world credit turmoil, surging commodity prices, a weakening U.S. economy, a downturn in business indexes originating from the subprime loan issu...
Favorable AC Sales Continue for Fujitsu General
The ‘nocria’ X and S series room air conditioners (RACs) released in stages from the end of February by Fujitsu General are selling well. The company aims to expand their sales in the 1st quarter to a level about 1.5 to 2 times as much as that of the previous year. Sales in February were up 20% by v...
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