Chinese appliance companies Midea Group (SHE:000333) and Hisense Group (SHE:000921, HKG:0921) signed a strategic deal to collaborate on artificial intelligence applications, smart logistics and advanced manufacturing, China Daily reported.
The partnership will focus on green factories, industrial internet solutions and global production capacity layouts, according to the report
Both parties aim to enhance supply chain efficiency through smart warehousing and logistics optimization, China Daily wrote.
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