MADE IN CHINA
A Metz, Hisense Groenje, and General Electric. If you were asked what these three Western consumer electronics brands had in common, how many of you would have guessed that they’re all now owned by Chinese companies?
But it’s true.
Hisense upped their share of Slovenia’s Groenje to over 95% in May 2017, acquiring a massive 62.5% of the company to go with the 33% stake it already held. Likewise, Metz was acquired by Skyworth in 2015, giving it high-end consumer goods such as washing machines, water puri›ers and air conditioners to
