Midea, China’s top home appliances maker, to expand overseas production as it eyes 10 per cent global market share

Source: South China Morning PostMidea Group, China’s largest home appliances company, is expanding overseas production with new plants featuring enhanced automation as part of its ambition to corner around 10 per cent of the global market within five years, according to a top executive.The company is in the process of choosing one or two locations for setting up new manufacturing facilities with a high level of automation in North America, which is expected to be finalised before the end of the first half of this year, said…Read More

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