Wuxi Little Swan<000418>, a Jiangsu-based washing machine maker, will hold an opening ceremony for its new facilities in Wuxi New District tomorrow, sources reported.The new facilities, which cost RMB 550 million, will be able to output 4.1 million washing machines.Wuxi Little Swan said in a statement filed with...
Guangdong Midea Electric Appliances Co. Ltd (Midea) will integrate all of its washing machine business into Wuxi Little Swan Co., Ltd to end internal competition, according to a Caijing report Friday. Midea is one of Little Swan's shareholders. An electrical appliances analyst who declined to be ...
Panasonic said it has introduced its eco-friendly range of washing machines for the Gulf, which uses 20 per cent less power and considerably reduces water consumption as compared to other conventional washing machines.
Whirlpool Corp, the world's largest white home appliance maker, announced yesterday that it will shut down its washing machine manufacturing facility in Shanghai, slashing 600 jobs to optimize its operations in China, Reuters reported.The company said it will transfer its washing machine production to the...
Key Technology has introduced the redesigned Flume Wash for fresh-cut produce which is ideal for small to medium&large processors looking for an automated wash system...
Wuxi Little Swan<000418>, a Jiangsu-based washing machine maker, on Thursday announced that its net profit grew 19.64% year on year to RMB 135 million in the first nine months of this year, with earnings per share hitting RMB 0.25, sources reported.The firm's operating revenue for the first three quarters was...
Guangdong Midea Electric Appliances Co. Ltd (Midea) and Wuxi Little Swan Co., Ltd announced Tuesday that Midea will sell a 69.47 percent stake of its subsidiary that specializes in manufacturing washing machine to Little Swan for 720 million yuan to end internal competition. Midea is a shareholde...
Bosch and Siemens Home Appliances Group will invest RMB 200 million in China each year over the next three years, said Roland Gerke, president and CEO of the company's China subsidiary. The president made the remarks after a high-end drum washing machine plant of the German home appliance...
Power blogger Heather Armstrong (a.k.a. Dooce) has stirred up a debate about public rants--but it got her washing machine fixed.
Wuxi Little Swan<000418>, a Jiangsu-based washing machine maker, on Wednesday announced that its net profit slightly increased 0.98% to RMB 67.39 million in the first half of this year, with earnings per share standing at RMB 0.12.According to the company's interim report, its revenues were RMB 1.9 billion during...