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China's Midea Group Launches Silicon Valley Tech Center

Source: Caixin

Midea Group, a Chinese electrical appliance manufacturer, launched technology center in Silicon Valley of the United States as part of an effort to turn itself into a technology company.

Listed on the Fortune Global in 2016, Midea is a household name in China, best known for producing air purification, kitchen, laundry, cooking and refrigeration equipment.

The facility covers 930 square meters of floor space in San Jose, California, and is the company's second U.S. technology center, the official Xinhua News Agency reported Friday.