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Chinese entrepreneur dreams of a global brand
BEIJING - His company's gadgets are barely known abroad. But Aigo CEO Feng Jun, a boyishly exuberant walking advertisement for the fast-growing Chinese electronics maker, is out to change that.
Nations:U.S. France Australia Source:(AP)
2008-08-04
GE names LG, others as contenders for appliance unit
General Electric (GE.N) on Wednesday named South Korea's LG Electronics (066570.KS) as a contender to buy its appliance business, which is valued at $4-$8 billion, along with China's Haier Electronics Group Co Ltd, Mexico's Controladora Mabe and Turkey's Arcelik.
Nations:South Korea Turkey Sweden
2008-05-28
China PC seller Founder rises on acquisition talk
SHANGHAI - Shares in China's No. 2 PC seller Founder Technology rallied nearly 5 percent on Wednesday on market talk that appliance-making giant Haier Group was seeking to buy into the company, analysts said. Founder's Shanghai-listed shares gained as much as 0.20 yuan to 4.39 yuan ($0.552), in active trade following a 10 percent surge the previous session. "Founder's strong performance was caused by the rumour that Haier would buy into the company," said Zheng Weigang, analyst at Shanghai Securities.
Nations:China
2006-12-19
China appliance maker Haier Q4 net rises 12 pct
SHANGHAI - The listed arm of Chinese appliance maker Haier posted a 12 percent rise in fourth-quarter net earnings, even as fierce competition, soaring raw material costs and a cut in export tax rebates ate into full-year profit.
2005-04-07
China's Haier disappoints in Q2 as margins squeezed
SHANGHAI - The listed arm of China's top appliance maker, Haier, posted disappointingly flat second quarter earnings on Thursday as red-hot competition chilled margins, pushing analysts to predict a fall in 2004 earnings.
Nations:Singapore
2004-08-19
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