VRF/GHP
2.7 LATIN AMERICA
According to International Monetary Fund (IMF) estimates, the GDP of Central and South America decreased by 8.1% in 2020. International trade has decreased, international prices in the resource market...
Carrier Completes Acquisition of Guangdong Giwee Group, Chin
Acquisition to support Carrier's growth strategy and unlock new business opportunities CHARLOTTE, N.C., June 3, 2021 /PRNewswire/ -- Carrier today announced that it has completed the acqu...
Haier: Technical & Product Free Talk to European customers
On May 27th, 2021, Haier CAC Overseas Training Center held an online Technical & Product Free Talk to European customers. All the technical managers from HQ and European markets atten...
Carrier to Acquire Giwee Group, a Chinese HVAC Manufacturer
On April 19, 2021, Carrier announced that it has signed agreements to acquire Guangdong Gi-wee Group (Giwee Group) and its subsidiaries, including Guangdong Chigo Heating and Ventilation Equipment (GCHV). Giwee Group’s proven strength in the variable refrigerant flow (VRF) and light commercial market in China will expand Carrier’s access to this growing, global market. The global marke...
2.6 MIDDLE EAST
Since March, the Middle East has taken measures against the pandemic, such as closing schools and commercial facilities, prohibiting gatherings and going out, and locking down cities, to a varying deg...
2.5 AUSTRALIA
According to the Australian Bureau of Statistics, the real GDP from October to December 2020 increased by 3.1% over the previous quarter. Personal consumption is driving GDP growth. In terms of privat...
2.4 INDIA
Reported by Rakesh Kumar, managing editor, ISHRAE Journal Economic Scenario The Indian economy was adversely impacted due to the nation-wide lockdown imposed towards the end of March 2020 af...
2.3 SE ASIA
Tourism is the pillar industry of Southeast Asia’s economy, so the region has been hit hard by the pandemic. VRF projects now tend to be delayed or suspended. Spending on government projects has...
Hisensehitachi successfully held the 18th China Dealer Confe
2021-05-28 On 15th April, Hisensehitachi held successfully the 18th dealer conference in Shanghai for China Market. It shared 2021 business strategy, commend and reward the partners with great perf...
2.11 JAPAN
In 2020, not only the EHP market was severely hit by the pandemic, but the special demand for GHP in schools also ceased. Along with the stagnation of economic activity, demand for VRF systems dropped...
