Chinese home appliance companies are modernizing by empowering their products with technology.
The consistent growth in China’s home appliance market over the past decades has told the story of China’s rising middle class and urbanization.

As more Chinese people moved to cities and increased their disposable income, per capita expenditure of private households on home appliances and consumer electronics climbed from around RMB 110 (USD 15.70) in 1990, to

RMB 1,629 (USD 232.56) in 2018.

Over that period, a number of local champions have risen, offering affordable products to notoriously price-sensitive Chinese consumers, while also imbuing the latest generation of home appliances with intelligent connectivity to create Internet of Things (IoT) ecosystems within the home.

Here are six of the top Chinese appliance manufacturers.


1. Xiaomi Corp

https://www.barrons.com/market-data/stocks/...?countrycode=hk



(HKG: 1810)






Background

While Beijing-based Xiaomi (HKG: 1810) is well known in China and abroad as one of the world’s largest smartphone makers, the company also boasts a wide array of home appliance products including rice cookers, air and water purifiers, fans, lamps, alarm clocks, smart lighting solutions, and more.

Xiaomi Appliances

As of the first quarter of 2020, Xiaomi’s IoT ecosystem included 252 million connected devices and constituted over 25% of the company’s total revenue for the quarter. Revenue from Xiaomi’s IoT business segment increased 7.8% in the March quarter despite an overall macroeconomic downturn caused by the pandemic. Amid a slumping global smartphone market, Xiaomi may rely even more on its intelligent appliances going forward.


The company has been slowly developing its IoT appliance ecosystem since 2013. Source: Xiaomi



2. Midea
Background
(000333.SZ)



He Xiangjian 何享健 founded Midea (SHE: 000333) in 1968, more than 40 years ago, with a starting capital of RMB 5,000 and has since grown the company into an empire employing nearly 135,000 people with a presence in over 200 countries as of 2019.

He Xiangjian is the 5th richest person in China!!!



Kong after $5.2 billion listing



Midea Group shares rise 9.5% in Hong Kong after $5.2 billion listing
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The Chinese home appliance maker's listing is the largest in Hong Kong in four years.
Chinese home appliances maker Midea’s listing is the largest in Hong Kong in almost four years.

PHOTO: REUTERS


Sep 17, 2024, 03:36 PM




0300.HK




SYDNEY – Chinese home appliances maker Midea Group rose by up to 9.5 per cent on its trading debut in Hong Kong on Sept 17 after raising nearly US$4 billion (S$5.2 billion) in the city’s largest share offering in almost four years, bolstering hopes for a revival in large Chinese issuances.

Midea, also listed in Shenzhen, priced its shares at HK$54.80 each in its Hong Kong float.

It rose as high as HK$60 per share, 9.5 per cent above the offer price, with 34.6 million shares worth HK$2.04 billion changing hands. Midea is the most actively traded stock by turnover on the Hong Kong market so far on Sept 17, exchange data showed.




In 2014, Xiaomi invested in Midea, the world’s largest home appliances manufacturer according to Euromonitor International Limited.

Midea Appliances

Headquartered in Foshan, the company generated USD 40.5 billion in 2019 with main products including commercial and residential air conditioners, along with refrigerators, washing machines, and dishwashers.

Midea’s smart home division focuses on connecting entire sections of the home, with an intelligent health system to monitor air temperature and humidity, formaldehyde concentration, and other environmental factors.

In June, He, one of China’s richest people, was the target of an attempted kidnapping in his hometown of Foshan, Guangdong province.


Some of Midea’s home appliance offerings. Source: Midea website


3.


Haier Smart Home Co Ltd,


6690.HKEX


https://www.barrons.com/market-data/stocks/...?countrycode=hk




formerly Qingdao Haier Co Ltd, is a China-based company principally engaged in research and development, manufacturing and sales of home appliances. The Company operates its businesses through five segments. The Household Food Storage and Cooking Solutions segment is engaged in manufacturing and selling refrigerator/freezers and kitchen appliances. The Air Solutions segment is engaged in manufacturing and selling air conditioners. The Household Laundry Management Solutions segment is engaged in manufacturing and selling washing machines and dryers. The Household Water Solutions segment is engaged in manufacturing and selling water home appliances such as water heaters and water purifiers. The Other business segment mainly includes channel, equipment components, small home appliance business and others. The Company mainly operates its businesses in the domestic and overseas markets. *




(Yicai Global) Dec. 21 -- Haier Electronics Group will delist from the Hong Kong stock exchange on Dec. 23, stepping aside to make way for a secondary listing the same day on the HK bourse by its sister company Haier Smart Home as the two firms prepare to merge their home appliance businesses.

The company has received approval from the Bermuda authorities, where it is registered, to go private, Haier Electronics said yesterday.

Parent firm Haier Group plans to merge the household goods business of Haier Electronics, which manufactures washing machines, hot water dispensers and water purifiers, with that of Haier Smart Home, which makes refrigerators, air conditioners and kitchen appliances. Both firms do many deals together and their management overlaps. Merging will enhance their managerial and operational efficiency and better equip them to go toe-to-toe with China’s two other big appliance makers Midea Group and Gree Electric Appliance, an analyst said.






Background

Another Chinese appliance company with a long history, Haier, was founded in 1984 in Qingdao, Shandong province, as Qingdao Refrigerator Co. The firm has evolved into a global giant with annual revenue of USD 27.7 billion in 2019. In June 2016, Haier bought General Electric’s (GE) appliance business in an acquisition worth USD 5.6 billion.

Haier Appliances

Haier’s main products include refrigerators, kitchen appliances, and laundry machines, among others.

Haier Group spun off Haier Smart Home (SS:600690) subsidiary, which is pursuing an initial public offering in Hong Kong, according to a Reuters report. Haier’s Smart Home business was a key participant in the 127th Canton Fair last month, the first time China’s largest trade show was held online, as the company has attended the Canton Fair since 1988. Haier leveraged livestreaming from its showrooms across the world to connect with customers.

Haier’s IoT ecosystem earned them a place in BrandZ’s Top 100 Global Brands in 2019. In 2019, Haier Smart Home’s revenue from its ecosystem increase 68% year-on-year while net profit increased.

GE Appliances, now a Haier company

2016

, just announced a USD 62 million investment to expand appliance production at its 750-acre manufacturing complex in the US.


Haier Smart Home at CES 2020 Source



GE Appliances


Haier To Buy GE Appliances For $5.4B In China's 2nd Big U.S. Acquisition This Week




Qingdao Haier Co., a Shanghai-listed company that is 41% owned by white goods giant Haier Group, said today it will acquire GE Appliances business from General Electric for $5.4 billion, the latest in a series of large overseas acquisitions by Chinese businesses.

Haier Group and General Electric also today announced a preliminary agreement to cooperate globally and work together in areas where both companies can increase competitiveness such as the industrial Internet, healthcare and advanced manufacturing.

“We are pleased to be selling our appliances business to Haier and to launch this new partnership,” GE CEO Jeff Immelt said in a statement. “Haier has a stated focus to grow in the U.S., build their manufacturing presence here, and to invest further in the business. Innovation, new product introduction, and brand management are fundamental to their overall strategy. GE Appliances provides Haier with great products, state-of-the-art manufacturing facilities, and a talented team. In addition, we see the opportunity to work together to build the GE brand in China.”




4.


Gree Electric Appliances,Inc.of Zhuhai



000651.SZ


Background

Founded in 1985, Gree Electric Appliances (SHE: 000651) is the world’s largest residential air conditioner manufacturer. Based in Zhuhai, Guangdong province, the company has grown to generate RMB 198 billion (USD 28.27 billion) under the leadership of chairwoman Dong Mingzhu, who has been influential at Gree since 1996 when the company went public.

Gree’s products reach over 160 countries across the world and the company has won contracts for many international events including the 2008 Beijing Olympic Games, 2010 FIFA World Cup in South Africa, 2010 Asian Games in Guangzhou, and 2014 Winter Olympic Games in Sochi, Russia.

Gree Appliances

Dong is massively popular in China and recently began livestreaming on ByteDance’s short-video app Douyin, and rival Kuaishou, in a bid to leverage e-commerce livestreaming sales channels. In one session on Kuaishou, Dong sold an impressive USD 44 million worth of products, while pledging to open a regular livestreaming channel to connect with customers and promote the company’s products.

The company’s IoT products include door sensors and smart air conditioners which can be controlled via smartphone. Dong also has larger ambitions for her smart devices ecosystem, as she told Nikkei Asian Review that Gree needed to develop its own computing chips for self-sufficiency in IoT development. In December 2019, the company announced an investment of RMB 3 billion in Chinese chipmaker Anshi.


Gree’s chairwoman Dong Mingzhu set a sales target of RMB 600 billion by 2023. Source: KrASIA




5.

Hisense Home Appliances Group Co Ltd
0921.hk



https://www.barrons.com/market-data/stocks/...?countrycode=hk






Background

Hisense Group (SSE:600060), also based in Qingdao, Shandong province, specializes in consumer electronics and home appliances. Hisense was founded in 1969 as Qingdao No. 2 Radio Factory by city authorities and has grown into a sprawling enterprise that generated RMB 33.8 billion (USD 4.83 billion) in 2019. While Hisense is a state-owned enterprise, its many subsidiaries are publicly traded.

Hisense Appliances

With products ranging from televisions to refrigerators available in over 200 countries around the world, Hisense boasts 13 manufacturing facilities in China and also has production operations in Hungary, South Africa, Egypt, Algeria, Slovenia Serbia, France, and Mexico. In June, the firm established a global research and development (R&D) center for cooking and dishwashing appliances in Slovenia’s Velenje, where its local subsidiary Gorenje is based.

Hisense has looked to increase the connectivity of its appliances, launching a line of smart home products in 2017 that are compatible with Amazon’s voice assistant Alexa, including refrigerators, washing machines, and air conditioners.


Some of the smart features with Hisense’s air filtration appliances. Source: Hisense website




6. Skyworth
创维集团
HKG: 0751

https://www.barrons.com/market-data/stocks/...?countrycode=hk





Background

Founded in 1988, Skyworth (HKG:0751) is an electronic appliance maker based in Shenzhen, Guangdong province, that employs over 40,000 people around the world. In 2019, the company generated RMB 37.3 billion (USD 5.33 billion) in total revenue, with its major products including kitchen appliances, refrigerators, air purifiers, televisions, and more.


Skyworth Appliances

Sktyworth’s major products include kitchen appliances, refrigerators, air purifiers, televisions, and more. The company’s overseas revenue for its smart appliances business, not including TVs, increased by 55.4% during 2019. Skyworth also offers commercial solutions like security cameras and locks, air conditioning control systems, and lighting solutions. At the 127th Canton Fair, Skyworth used digital tools like livestreaming and virtual reality to launch new TV products.

Skyworth’s smart living products were also on full display at CES 2020, where it gained notoriety for its Swaoit Panel, which aims to be a detachable screen that adapts its function depending on which appliance it is connected to.


Skyworth TV Spring Product Launch 2019 Source: Skyworth


7) TCL Electronics Holdings Ltd.


1070.HK

https://www.barrons.com/market-data/stocks/...?countrycode=hk




TCL Technology (originally an abbreviation for

Telephone Communication Limited)

is a Chinese multinational electronics company headquartered in

Huizhou, Guangdong Province.


It designs, develops, manufactures and sells products including television sets, mobile phones, air conditioners, washing machines, refrigerators and small electrical appliances.

In 2010 it was the world's 25th-largest consumer electronics producer.

Since 2015, it remains the third-largest television manufacturer by market share.

TCL comprises 4 listed companies:

TCL Technology Group Corp
( 000100.SZ )

which is listed on the Shenzhen Stock Exchange,


and

TCL Electronics Holdings, Ltd. (SEHK: 1070),

TCL Communication Technology Holdings, Ltd. (former code SEHK: 2618; delisted in 2016),

China Display Optoelectronics Technology Holdings Ltd. (SEHK: 0334)

and

Tonly Electronics Holdings Ltd. (SEHK: 1249)

which are listed on the Hong Kong Stock Exchange.




TCL's corporate slogan is "The Creative Life".

On 7 February 2020, TCL Corporation changed its name to TCL Technology.


TCL has been working with US partners for many years. In fact, the Company
began working with Roku as early in 2014 and becomes Roku's largest TV partner
around the world. In 2019, it began working with Google in Europe, Latin
America and other regions.



TCL brand TV sales volumes ranked among the Top 3 around the world and Top 5 in 19 countries.


According to the third quarter financial report disclosed by TCL Electronics, sales volume of TCL brand TV reached 7.24 million sets in the third quarter of 2020,

surging by 49.7% YoY and 24.7% QoQ;

Overall sales volume in the first three quarters reached 17.32 million sets, up 14.4% YoY.


According to the latest report by Sigmaintell, the market share of TCL brand TV in terms of sales volume increased by 2.7 percentage points YoY, from 8.6% to 11.3% in the third quarter of 2020, ranking global Top 3.

No.	Company	HKEX Code	China A-share Code
1	Xiaomi Corp	1810.HK	–
2	Midea Group	0300.HK	000333.SZ
3	Haier Smart Home Co., Ltd.	6690.HK	600690.SH
4	Gree Electric Appliances	–	000651.SZ
5	Hisense Home Appliances Group Co., Ltd	0921.HK	000921.SZ
6	Skyworth Group Ltd.	0751.HK	–
7	TCL Electronics Holdings Ltd.	1070.HK	000100.SZ

This post has been edited by plouffle0789: Aug 29 2025, 04:11 AM

Xiaomi, mijia, yi, all good stuff

Midea acquired Toshiba home appliance...

what product you buy?



This post has been edited by plouffle0789: May 19 2022, 10:44 PM

Agree on the above ... the rest of the brand are yet to know.

Almost majority of it I have. From washing machine to robotic vacuum to toothbrush

dah start dh plouffe dgn tered copy-paste tunggang langgangnya

I hate his paragraph lmao. It gave me headache!

Haier pretty good

Let her sleep, for when she wakes, she will shake the world.

tcl mana?

No Fotile in the list?

What a shame.

deerma haier

http://www.fotile.com.my/


GOOD???

first time hear


what product you buy?

lowyat down form 9:30pm until 11：40pm???


you buy?

Midea SBS fridge was pretty famous in Asian & Oceanian countries. Unfortunately the highly rated model was not brought in into Malaysia. End up have to buy other brand.

I only use Samsung

what special fridge?

If you never heard of Fotile then you probably live in a cave.

It is one of the best kitchen appliances especially their kitchen hoods. Better than most EU or Japanese brands.

Ayam checked my stuff, all don't have those prc brands listed.

Ayam proud.

Reputable le ... good or not depend on individual.

Oh forgot ... hood and hob.

cheap??

warranty 2 years?

malaysia have many shop sell or buy online?

Nah, I have fotile but the cooking hob is horrible.

Really? To think they were an unknown company just a decade ago

skyworth & hisense worth buy or not??

mana Khind, u no KHIND u keluar mereshia
minister dah cakap sappork locals

I have all these brands except skyworth and gree. Bolehla. You get what you paid for. Expensive brands are not worth it if you need to repair. These you can throw away once rosak. Sometimes less than half the price.

Saw some hisense LED TV in showroom, picture quality really bad for the base models they selling here. Best stick to LG and Samseng.

I don’t know what was special about that fridge except that the electricity consumption for that model is among the lowest. Most likely it was rated highly for value for money, meaning cheap but doesn’t look cheapish.

I'm pretty sure atleast one of the internal components is from China.

im not that demand..as long can use for long term like 2-4yrs edi enaf & can on9..
but if compare to newest realme tv worth rm1499 (rm1299 offer on9 buy),should go for realme tv?

I always thought Xiaomi and mijia and yi are all under the same parent company

Nobody hantam China quality product ke?

What makes their kitchen hoods better than most EU or Japanese brands?
Care to explain?

xiaomi 's Hp is ok but their other products are craps! i have their irobot and even electric shaver! Both kaput in 9 months! lol!

Fotile is cooking hub, right ?

Xiaomi again

Don't have all above.

Xiaomi, Haier and Hisense products are rising in Western countries

let's face the truth. most EU products are crap.

China jiken mana?

Your Elba hood was most likely manufactured by a factory in China using components that would most likely be found in a Midea hood.

They started out by making a very good kitchen hood, in their early years it was the most effective and powerful as it was designed mainly for a Chinese kitchen. They did a good job but the build quality of their early hoods were not the best and they were certainly very noisy especially after a few months. It was however relatively affordable for a good kitchen hood. My aunt still has one of their first few that was sold here and is now 18 years old, still works as it did despite being mounted in a wet kitchen.

Today their hoods are good because their high end one is less expensive than a Bosch, Teka or Electrolux, has better suction power and effectiveness, lower power consumption and if you follow their ducting specification it would be one of the most quiet hoods you have heard, the secret to its effectiveness is a very powerful DC motor which they are a pioneer in.




They are most well known for their kitchen hoods but now their ovens and microwave ovens are good too, not cheap mind.

Depends on what you can afford. Many are good but most likely you would not be able to afford them.

Meanwhile, Malaysia has nothing

Ayam tak jadi buy Elba. Bought Teka hood, hob, oven.

Anyhow i know many components inside are china mari. But we are talking solely on brands here as per TS topic. Xiaomi, Skyworth, Midea etc. I do not own any of these brands items currently.

What to expect ?
In China, life as peasant is hard, you have to work hard to succeed, as a result, produce many entreprenuers
Boleh land ? no opportunity for entreprenuers, all their hard work evaporated due to vroom vroom and monopolized by certain very well cable businesspeople.
So they migrate out of bolehland and do better.
Bolehland think is good riddance, but we lost revenue and employment generators to the country

mana robam, fotile

mana pensonic LOL

Cukur, i dont have any commie brand

Not sure about Bosch, but Teka & Electrolux are definitely crap.

iPhone as well

you need to highly selective when buying china made products . even from the top brand s.
they haven t reach the Quality standards like a Jap brand.
if you work in a jap and chinese manufacturing plant you will know.

its cheap for a reason ... use of sub standard components. and exported to poorer countries to keep price low. .

KHIND

Support local.

Khind... i only have extension plug from Khind lol

My electric kettle also is "Khind" brand , it has been serving me well for 5 years now

Their product design not attractive. Pretty like China cheap brand.

Not expensive. Saw their factory somewhere in kuala selangor side.

The last thing I have with this brand is steamer.

Very very cheap???

No warranty???

Not long life???

Why teka and electrolux not good????

Skyworth better cuz better colors.

What product you buy???
Cheap?
Warranty 2 years??

Normally appliances die after the warranty period. I have only claimed the warranty for my Philips induction stove.

Fotile seriously sexy

But too bad can't afford one of those, can't even afford a Robam.

Skyworth only have TV's here

Haven't owned one of those yet, but then the colors look great when I saw it in SenQ store, not as good as LG but up to par.

This post has been edited by xperiaDROID: Dec 26 2020, 01:57 PM

I’m talking specifically about their hob & hood. Not other appliances. The flame was weak and the suction of the hood was mediocre. Definitely doesn’t suit Asian kitchen.

Heard Midea is quite good.

Hisense,tcl,xiaomi also???

My next TV will be from one of these brands.

Felt cheated buying my current famous plastic-nation brand, ko after 3 years and itu pun seldom switched on.

I have xiaomi vacuume robot and ip cam. Also haier tv

This post has been edited by yvliew: Dec 26 2020, 02:06 PM

What brand you bought???

Feel regret??

Nice to use?
Buy online or shop??

megra is local brand??

Why It Doesn't Always Pay to Buy a Cheap TV
Our analysis of three years of CR's test results shows that models from major brands tend to perform better
and is your TV protected from Power Surges..

https://www.consumerreports.org/lcd-led-ole...buy-a-cheap-tv/

Samseng mana samseng

My TV will tell you "hey, look at my dead screen".

user problem lah...

i got their phone, baby stroller, selfie stick and thermometer

phone gg because crack
stroller brake issue sometime problem. dono how to fix.
selfie stick work very good
thermometer so slow reading temperature. so rarely use

Which brand kitchen hood should i buy

Xiaomi appliance are honestly quite good

good eh, i bought their air fryer early this year, use till now still good, very easy to use, price also reasonable and easy to wash also

Fotile --- good suction power, relatively affordable, nice outlook.

samsung not china brand

It is South korea

Ya, only like 3yrs and Kong.

didn't know skyworth that popular in china

It's literally in every hotel that I stayed during my trip in China

It's that popular.

What is the best practice for TVs? Please share.

they bring in junk models to MY .
check the complains on their fb page.

poor after sales service


https://www.facebook.com/watch/?v=381502702941432

Tv??

You always go china??

is it? I'm always sceptical when trying to choose a Chinese brand cause worry theirs qc. exterior look nice but interior deteriorate. any issue on the spare parts availability and cost of maintenance? have you experience that before?

Yep, TV

Been there last year for a 1 week trip in few cities at once, literally all the TV in the hotels that I stayed are Skyworth branded

My initial impressions of the brand was the name itself, cuz doesn't sound really chinese until I found out that it's from China

Then when I came back here after while I then started to see Skyworth ads popping up around especially on highways and now can be found easily in electronic stores, even more common than Haier lol.

buy the branded one like sony , LG , samsung .
check the user reviews cos not all build with same quality .
evaluate the technical TV before you buy. if minimal tech specs ...skip it.
visit the stores to view .

look for good after sales service .
buy from seller s who support after sales service.

extend your warranty .

install /use surge protectors .

the cheaper ones below 3K rm have poorer pix quality . color , low ram and cpu specs , etc...

Please share how and what technical specs to check.

Extend warranty to how many years?

below good info , on what tech specs is important.

check also the MY site of the TV manufacturer for tech specs info.

read reviews of the TV and decide what you want .... a movie tv, or a gaming TV or .....?

there are a few experts here on LY forum that can help you decide if you know your budget , usage , etc...
just post the Q on the relevant thread..


https://www.rtings.com/tv/reviews/best/tvs-...rket#conclusion



if in past your house TV / electronic appliances keep break down ... then some thing is wrong.
evaluate your house tnb power supply , DB box , lightning trips , etc...



This post has been edited by Momo33: Dec 26 2020, 04:05 PM

Still prefer sony,samsung,panasonic for tv brand