China
Whirlpool Completes Acquisition of Majority Stake In Hefei S
Oct 31, 2014 Whirlpool Corporation completed its acquisition of a majority interest (51%) in Hefei Rongshida Sanyo Electric Co., Ltd., a home appliances manufacturer in Hefei, China. The company will...
Fujitsu General Releases New Air Purifier in China
On September 30, Fujitsu General released the ACSQ360D air purifier for the Chinese market. The model can powerfully collect dust and remove odors without requiring filter replacement thanks to the co...
Shanghai Konor Refrigerator Compressor Project Locates in He
Signing ceremony between Shanghai Konor Electromechanics and Henan Hongqiqu was held on August 29 for a compressor project in Linzhou, Henan Province, with annual production capacity of 5 million units. Shanghai Konor is a joint venture between the Shanghai Aviation and Aerospace Group and Zanussi of Electrolux Group, which boasts top three ranking in terms of refrigerator compressor produc...
AC Sales in China Increases by 15% in RY 2014
Performance of air conditioner industry in 2014 refrigeration year (RY 2014: from August 2013 to July 2014) is beyond expectation. On August 28, 2014, China Air Conditioner Industry Summit was held in...
Whirlpool’s Acquisition of Hefei Sanyo Approved
According to the recent announcement of Hefei Sanyo, Whirlpool (China) has been approved by the China Securities Regulatory Commission (CSRC) on September 15 to acquire the controlling stake in Hefei ...
Overseas Sales of Haier Grow 8% in the First Half of 2014
According to the announcement of the Haier Group at IFA 2014 held in Germany, its sales in major overseas markets grew by 8% in the first half of 2014 over that of the same period last year. Th...
Inverter Refrigerator Sees 11.9% Growth in the First Half of
Currently, inverter refrigerators in China take less than 10% market share, which is far behind inverter air conditioners. The reasons restraining penetration of inverter refrigerators in China are localized production and price of inverter compressors. However, 2.8 million units of inverter refrigerators have been sold in the first half of 2014, indicating 11.9% year-on-year growth.cialiscialisle...
First CO2 Cold Storage in Chongqing to be Put into Operation
The first large cold storage in Chongqing applying CO2 screw cascade refrigeration system entered phase of finishing in construction and will soon put into operation. Enjoying total investment of RMB 500 million (US$ 82 million), the cold storage boasts a capacity of 100,000 tons, which will offer services in preservation, refrigeration, transportation and sales of imported meet, seafood, fr...
Cross-strait Food Cold Chain Logistics Standardization Worki
On August 22, the founding and first meeting of the cross-strait food cold chain logistics standardization working group was held in Xiamen, which was organized by cold chain logistics technology comm...
Scroll Compressors Sales Exceed 2.5 Million Units in January
According to data from China local statistics institution, sales volume of scroll compressor came to 2.56 million units from January to July, indicating 8.4% year-on-year growth. Among them, to...
