Skyworth charges up stagnant TV business with Panasonic deal
One of China’s earliest tech giants has agreed to take over the North America and European sales operations for the Japanese brand Key Takeaways: Skyworth will take over Panasonic’s North…
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…
Is TV Giant TCL Quietly Preparing to Privatize Its Consumer Electronics Arm?
Parent of the world’s fourth-largest TV maker may be rethinking the Hong Kong listing for its consumer electronics arm as it starts buying back shares Key Takeaways: • Under a…
Svolt Charges Up Global EV Battery Race with $943 Million in New Funding
Latest round brings 3-year-old battery maker’s fundraising this year to $3.1 billion, all from Chinese sources Key points: Svolt Energy has just announced a new 6 billion yuan funding, bringing…
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