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Chinese Electronics Retailer Signs Development Agreement
February 2, 2012Electronics and home appliances retailer Suning and the home appliances maker Midea have reportedly signed a three-year strategic cooperating agreement, and the two parties will implement binding development over the next three years.
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Apple Suspends iPhone 4S Sales In Retail Stores In China
January 13, 2012Friday the 13th did not play well for Apple today, as the company suspended the sale of its iPhone 4S smartphones in its Chinese retail outlets.
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Apple iPhone 4S Prices Announced In China
January 9, 2012China Unicom, the exclusive operator partner for Apple's iPhone smartphones in China, has announced the contracted prices for iPhone 4S, starting at CNY5,880.
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Suning Plans 400 Electronics Retail Stores In 2012
December 19, 2011Chinese electronics and home appliances retailer Suning has published a report, stating that the company's net profit for 2011 will realize a year-on-year increase of between 20% and 25%, and it plans to open over 400 new chain stores in 2012.
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Suning's E-commerce Website Launches Book Channel
November 8, 2011Chinese electronics and home appliances retailer Suning has released its performance report for the third quarter of 2011, stating that from January to September 2011, the company's e-commerce business grew rapidly and realized sales of CNY4.079 billion.
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China's Suning Net Profit Up 25.35% In H1 2011
August 4, 2011Chinese home appliances and electronics retailer Suning has announced its results for the first half of 2011.
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Suning Unveils After-sales Nanjing Technical Training Center
August 3, 2011Chinese home appliances and electronics retailer Suning has announced that after six months of preparation and construction, its after-sales technical training center has been formally put into operation, making it the first after-sales technical training platform in the Chinese home appliances retail industry.
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Suning Makes Additional Investment In Laox
July 6, 2011Chinese home appliances and electronics retailer Suning has announced plans to buy 179 million additional shares from Laox, Suning's subsidiary in Japan, at the price of JPY35 per share.
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Suning Announces New Strategy To Conquer China's Tech Sector
June 24, 2011Chinese home appliances and electronics retailer Suning has published a new ten-year strategic plan, stating that it plans to open 200 new stores annually in the next ten years and will start exploring the Southeast Asian, European, and American markets from 2014.
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Retail Management Shuffle In Beijing For Suning
June 10, 2011Chinese home appliances and electronics retailer Suning has appointed Hou Enlong, former head of Suning Chongqing, as new general manager of Suning Beijing.
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China's Suning Gained Net Profit Of CNY1.12 Billion In Q1 2011
May 4, 2011Chinese home appliances and electronics retailer Suning has announced its performance report for the first quarter of 2011, stating that from January to March 2011, the company's operating revenue increased by 23.2% year-on-year to CNY20.58 billion; and its net profit increased by 27% year-on-year to CNY1.12 billion.
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Suning's Retail Electronics Business In Japan Declined
March 23, 2011Laox, the electronics subsidiary of the Chinese home appliances retailer Suning, has published its report for the 2010 fiscal year, which was actually a report of nine months due to an adjustment of its reporting schedule, stating that the company lost about CNY3.86 million during the reporting period.
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Fast Growth For Suning's Electronics Retail Outlets In China
November 16, 2010Chinese electronics and home appliances retailer Suning has published its financial report for the third quarter of 2010, stating that the company realized a net increase of 131 chain stores during the reporting period, marking the highest quarterly expansion speed in its history.
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China's Suning Net Profit Up 56.08% In H1 2010
August 4, 2010Chinese home appliances retailer Suning has published its semi-annual financial report, stating that due to the incentive policy in China's home appliances industry, its net profit increased by 56.08% year-on-year to CNY1.974 billion in the first half of 2010.
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Suning Hears The Music In China
July 7, 2010Chinese electronics and home appliances retailer Suning has opened its first MusicVox musical instrument shop in Pudong, Shanghai, marking the beginning of the retailer's development of ten such shops on the Chinese mainland.
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Gree Anhui Terminates Electronics Retail Cooperation With Suning In Anhui
June 29, 2010Anhui Xinxing Gree Air Conditioner Sales Company, distributor of Zhuhai-headquartered Gree Electric Appliances in Anhui, has announced via five local media that it has terminated cooperation with the Chinese electronics and home appliances retailer Suning in Anhui.
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China's Suning To Sell Blackberry Handsets From Mid-June 2010
June 17, 2010According to information from the Chinese electronics and home appliances retailer Suning, starting from June 18, 2010, it will sell two types of Blackberry handsets on its nationwide retail network, marking Blackberry's entry into the Chinese consumer retail market.
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Beijing Extends Home Appliances Trade-in Policy To End Of 2011
June 1, 2010According to reports in local media, the one-year-old home appliances trade-in policy, which was supposed to conclude at the end of May 2010, has been prolonged to the end of 2011 in Beijing, and the subsidy rates remain unchanged.
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Suning's Net Profit Up 86.08% In Q1 2010
May 5, 2010Chinese home appliances and electronics retailer Suning has published its financial report for the first quarter of 2010, stating that the company made total operating revenue of CNY16.712 billion during the period, a year-on-year increase of 32.02% and its net profit increased by 86.08% year-on-year to CNY884 million.
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China's Suning Inks CNY10 Billion Sales Plan With Samsung
March 30, 2010Chinese home appliances retailer Suning Appliance and South Korean electronics maker Samsung have signed a new sales plan with the total value of CNY10 billion in Nanjing, capital of Jiangsu province.
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Suning Releases 2009 CSR Report
March 23, 2010Chinese electronics retailer Suning has released its "2009 Achievement Report and 2009 Corporate Social Responsibility Report".
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China Unicom Unveils Its First Android Wi-Fi Customized Smartphone
March 12, 2010According to China's Vsens, the wholly-owned customized terminal subsidiary of China Unicom, its new customized 3G smartphone, XT701, made by Motorola, is now ready for sale.
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China's Suning Made Net Profit Of CNY2.881 Billion In 2009
March 4, 2010Chinese electronics retailer Suning has announced that its revenue in 2009 increased by 16.84% year-on-year to CNY58.3 billion, while its net profit increased by 32.79% year-on-year to CNY2.881 billion.
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China's Suning To Introduce More Japanese Products In 2010
February 2, 2010Following its acquisition of the Japanese electronics retailer Laox, the Chinese electronics retailer Suning has announced plans to introduce its China outlets to more Japanese-made products.
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Metro To Open Media Markt In Shanghai In 2010
January 12, 2010German retail giant Metro has announced that its electronics sales subsidiary Media Markt will establish a joint venture with Taiwan-based Hon Hai Precision Industry for electronics retail operations in mainland China.
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Suning To Acquire Hong Kong Citicall For HKD215 Million
January 4, 2010Chinese electronics retailer Suning Appliance Company Limited has announced plans to invest HKD215 million to acquire businesses and assets of Citicall Retail Management Limited, an electronics retailer in Hong Kong.
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China's Suning Opens Luxury Electronics Store In Shenzhen
December 29, 2009Chinese electronics retailer Suning has opened its first Suning Elite luxury store in Shenzhen, targeting medium and high-end consumers in first-tier cities in China.
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China's Suning Will Open 78 Stores In December 2009
December 7, 2009Chinese electronics retailer Suning has announced plans to open 78 stores in December, including 41 new stores and 37 that will be reopened after renovations.
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China's Suning Net Profit Up 15.38% In Q3 2009
November 6, 2009Chinese electronics retailer Suning has published its financial report for the first third quarters of 2009, stating its performance maintained a stable growth and the expansion of its new outlets went smoothly.
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Beijing: Home Appliances Trade-in Policy Implemented
August 12, 2009After a two-month preparation period, Beijing has formally launched its home appliances and electronics "old-for-new policy" and the detailed implementation regulations have also been published.
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