Inside Chinese AC maker Midea's smart factory, it takes only 6 seconds to assemble a new AC on the line.
The factory has full 5G coverage, AI-powered real-time monitoring, automated unmanned packaging, and robotic transport.
Europe lacks more than just ACs.
Chinese appliance maker Midea raised $2.2 billion from the upsized sale of dual-tranche convertible bonds with zero coupon, according to terms of the deal seen by Bloomberg News