Chinese 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.

During the U.S.- China Trade and Economic Cooperation Forum, Chinese home appliances maker Haier Group and U.S.-based Honeywell signed a memorandum of understanding to collaborate on the development and promotion of low-emission, high energy-efficiency products and solutions.

Chinese 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.

China's Ministry of Commerce has recently published the latest performance statistics for the country's rural home appliances and electronics subsidy scheme and stated that by October 31, 2009, the total sales within the scheme had reached CNY50.842 billion.

According to reports in Taiwanese local media, Hon Hai Precision Industry's board of directors has decided to enhance investment in e-books and 3C retail channel construction in mainland China.

Chinese home appliance retailer Gome has published its report for the first half of 2009 and states its net profit decreased by 49.57% year-on-year to CNY580 million.

TCL Group has published its electronics and appliances sales report for July 2009.

Chinese home appliances maker Midea has published its financial report for 2008, which states that its revenue increased by 28.77% year-on-year to CNY45.3 billion while its net profit decreased by 14.78% year-on-year to CNY1.03 billion.

Chinese electronics retailer Suning has announced that it has signed an exclusive cooperative agreement with the world's leading home appliances maker Electrolux.

Having already established production bases in South Africa, France, Hungary and Algeria, Chinese home electronics manufacturer Hisense has just built its newest production base in Egypt.