Business Services Industry

CHINA: CHINA MIDEA AIR CONDITIONER ENTERED THAILAND MARKET.

IPR Strategic Business Information Database, March, 2008

According to fdi.gov.cn: As reported by Bangkok Post on Mar.27, Midea Group, the famous Chinese manufacturer of electrical household appliance and the third largest global air conditioner producer has successfully started selling in Thailand market, fulfilling the first critical step of laying out in Asian market.

Midea Air Conditioner Equipment (Thailand) Company with investment of THB3m (about USD300,000) will further develop branches with Thailand local distributor MD Company and Midea Group Chinese parent company, in an effort to expand production and sales in Thailand. Midea Group is the third manufacturer of electrical household appliance entering Thailand, succeeding to Haier Group and TCL Group.

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