The new smart home: Where robots handle chores and provide companionship
China’s home appliance giants are pushing into robots in their race to control the next gateway to the home — despite high costs and tech hurdles By CLS Marketwatch…
BRIEF: Hisense accused of patent infringement by U.S. firm
The U.S. International Trade Commission (ITC) has launched a patent infringement investigation into certain display devices, streaming players and components made by Hisense (0921.HK; 600060.SH) in response to a complaint…
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…