Haier in calculated financial maneuver with India unit stake sale
The home appliance giant has decided to sell nearly half of its fast-growing Indian arm to accelerate its drive for greater localization Key Takeaways: Haier is reportedly considering a plan…
Midea boosts European footprint in its globalization drive
The home appliance maker has acquired German brand Teka, whose products are used in half of all Spanish households Key Takeaways: Midea has completed its acquisition of Teka, adding a…
Forget air conditioners. Midea wants investors to see robotics in its name
The home appliance giant is planning a Hong Kong IPO, reportedly for its robotics business that it hopes will become a major new growth driver Key Takeaways: Midea is planning…
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