Midea, Gree and Haier make up 80 per cent of the value of China’s top 10 appliance makers in industry that out sells the world

//Midea, Gree and Haier make up 80 per cent of the value of China’s top 10 appliance makers in industry that out sells the world

Midea, Gree and Haier make up 80 per cent of the value of China’s top 10 appliance makers in industry that out sells the world

China’s top 10 appliance makers, which are also the world’s largest by market capitalisation, are a highly concentrated lot.The three largest manufacturers – Midea Group, Gree Electric Appliances and Haier Smart Home – make up 80 per cent of the combined value of the top 10, while four of the 10 largest are based in southern China’s Greater Bay Area, according to the Hurun China Top 10 Most Valuable Electrical Appliance Companies 2020 report.“China’s electrical appliance industry has already…

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By | 2020-10-14T07:00:11+00:00 October 14th, 2020|Business|Comments Off on Midea, Gree and Haier make up 80 per cent of the value of China’s top 10 appliance makers in industry that out sells the world