China
RAC Sales for Domestic Market Drop by 11% in 2015
In December 2015, sales of room air conditioners (RACs) came to 5.98 million units, falling by 27% year on year. Among them, 2.85 million units went for domestic sales, declining by 42% year on year, hitting a record low since 2009. Export volume came to 3.13 million units with 2.1% year-on-year decrease. According to some statistics, RAC sales for domestic market in 2015 exceeded 60 millio...
Air Purifier Market Drops in 2015
Air purifier market in China which has seen rapid growth in the past few years was declined in 2015. According to All View Consulting (AVC), sales of air purifier came to RMB 8.95 billion (US$ 1.36 billion) during the period from January to October 2015, dropped by 10.3% year on year. Its retail sales came to 4.55 million units, declined by 4.9% year on year. The market decline was attributed to i...
Chigo Holds 5th Anniversary Celebration & Global Distributor
On January 8, Chigo HVAC held the fifth anniversary celebration and global distributor conference in Guangzhou. Senior company management gave presentations at the conference, including Zhang Quan, pr...
Haier Builds Magnetic Bearing Centrifugal Chiller Plant
On January 5, Haier held ground breaking ceremony for its chiller plant at Qingdao Sino-German Ecopark. This is Haier’s sixth chiller plant in China. Enjoying investment of RMB 500 million (US$ 76 mil...
Technology, a Driver of Growth in the AC Market -- China
The era of high-speed growth has come to an end in China. The RAC market has reached the replacement phase, especially in coastal regions. On the other hand, the air conditioner penetration rate in central and western rural areas remained low, suggesting huge market potential. According to the National Information Center, the air conditioner sales volume fell by 5.4% year on year in the 201...
Haier Group to Form Global Strategic Partnership with GE
-- Chinese Companies Accelerating Overseas Acquisitions Chinese home appliance companies are speeding up the pace of their internationalization in recent years. They have gone through the stage...
NEW AC/DC, AEO and High Speed Electronic Units For Secop BD
19 February 2016 101N0510 / 101N0340 / 101N0390 New AC/DC Electronic Unit (101N0510) for Secop BD35F and BD50F DC Compressors Until now, Secop has offered 101N0500 AC/DC electronic unit for our BD35F ...
Kappa Tropical Compressors for R600a
27 January 2016 Superior Performance Under Tough Working Conditions The new KAPPA range for tropical conditions is designed to support regions which experience harsh and challenging environments and ...
CAREL awarded at AHR Expo Innovation Awards ceremony
The AHR Expo Innovation Awards ceremony was held yesterday. 26 JANUARY, 2016 Marco Caretto, CAREL Group Head of Sales - Retail&Refrigeration, and Brandon Lane from CAREL USA, accepted the prize aw...
Chinese refrigerants face US duties of 210%
January 26, 2016 USA: The US Department of Commerce has called for anti-dumping duties of up to 210% on imports of certain HFC refrigerants from China. This preliminary determination was announ...
