Latest news with #CityWide
Malay Mail
20 hours ago
- Business
- Malay Mail
GREE Opens Singapore Office to Drive Asia-Pacific Expansion with World-Class Air Conditioning Technologies
GREE was recognised as the global leader in split air conditioners in 2024 by Euromonitor International. Driving the Global Expansion of GREE's with Singapore as a Strategic Hub Anchoring Singapore's High-Standards Market as a Launchpad for Global Innovation Strengthening Local Service Capabilities Through Direct Operations GREE celebrates the opening of its Singapore office, marking a key milestone in its APAC expansion. Enhanced Durability with Black Fin Condenser Technology Advanced Filtration for Healthier Living Intelligent Self-Cleaning and Easy Maintenance Design Authorised Partners Address Contact L–Tech Aircon Services Pte Ltd 38 Woodlands Industrial Park E1 #01, #10, Singapore 757700 6766 3220 City Wide Pte Ltd 63 Woodlands Industrial Park E2 #01–01 Nordix, Singapore 757478 6459 5585 Air Venture Airconditioning Pte Ltd 77 Woodlands Industrial Park E2 Nordix, Singapore 757485 6465 3188 Poh Meng Engineering Pte Ltd 10 Kaki Bukit Road 1 #03–02/06 KB Industrial Building, Singapore 4161 6457 4373 Kim Huat Refrigeration & Electrical Pte Ltd 1034 Eunos Ave 5 #01–42, Singapore 409743 6344 6016 Goh Sin Huat Electrical Pte Ltd 49 Kaki Bukit Pl, Eunos Techpark, Singapore 416227 6467 4833 Aston Air Control Pte Ltd Block 5 Jurong West Ave 5, #02–04, Singapore 649483 6298 0682 Coldworld Engineering Pte. Ltd. 1 Kaki Bukit Avenue 3 #05–02 KB–1, Singapore 416087 6844 3997 SINGAPORE- Media OutReach Newswire - 26 June 2025 - Global electronics manufacturer GREE has officially launched its Singapore branch, marking a key milestone in its expansion in Southeast recognised as the global market leader in air conditioning, GREE has held the top market share in household air conditioners for 18 consecutive years, according to Euromonitor International. Backed by 46 cutting-edge technologies developed entirely in-house, GREE's commercial air conditioning systems span 10 major series and thousands of models, comprehensively serving a wide range of environments, from super high-rise buildings and large transport hubs to data centres, hospitals, factories, and industrial has also maintained the No. 1 position in China's central air conditioning market for 13 consecutive years. In 2024, it captured over 15% of the market, leading the sales rankings among mainstream brands. Notably, its modular units, variable refrigerant flow (VRF) systems, and unitary air conditioners achieved market shares of 12.7%, 20%, and 35.6%, respectively. These strong results further reinforce GREE's position as a global air conditioning leader, driven by continuous innovation and comprehensive, scenario-based recent years, GREE has focused on expanding its presence in overseas markets, particularly in ASEAN countries such as Malaysia and Indonesia. As of today, self-branded products account for 70% of the company's total export volume. As the heart of Southeast Asia, a key financial and trade hub, Singapore serves as a strategic base for GREE's regional expansion. Moving forward, GREE Singapore will spearhead strategic planning, investment, and market research, while driving business development to bring the company's innovative cooling solutions across the upholds the world's highest standards for energy-efficient air conditioning technologies, such as the Green Mark Platinum certification. It is also a hub for top global design consultants like Arcadis and Arup, providing an ideal platform for the incubation and validation of advanced technical its groundbreaking technology, GREE's "Zero Carbon Source" photovoltaic storage direct current soft load system has achieved an industry-leading photovoltaic direct-drive utilisation rate of 99.04%. Meanwhile, its permanent magnet synchronous variable frequency water chiller is the first Chinese brand to be installed at GlobalFoundries' semiconductor facility, a testament to the strong alignment between GREE's innovations and local standards. By using Singapore as a springboard, GREE is well positioned to promote its self-developed, world-class technologies GREE Singapore team will establish a comprehensive three-pronged service framework. This includes a streamlined after-sales system to ensure prompt and efficient customer support, as well as the development of a regional technical training programme in collaboration with local higher education institutions. Additionally, GREE will work closely with local distributors to deliver an integrated purchasing experience that combines hands-on product demonstrations with robust technical the humid and coastal climate of Southeast Asia, GREE will also introduce customised solutions such as its Black Fin technology, which significantly enhances corrosion resistance and extends product the official inauguration of the GREE Singapore Branch, the company has introduced its first wave of products to the local market. The launch includes the CHARMO split wall mounted series, FREE MATCH systems, and variable refrigerant flow (VRF) solutions, all equipped with customised and practical technologies tailored to meet the specific needs of Singaporean products are equipped with advanced Black Fin technology, offering 67% greater corrosion resistance compared to traditional blue fin heat exchangers. This makes them particularly well-suited for island climates like Singapore, delivering longer service life and enhanced performance in humid air conditioners are equipped with a multi-layer filtration system featuring tri-color filters, PM2.5 filters, and advanced plasma (Colasma) technology. Together, these features effectively eliminate dust, bacteria, and allergens to ensure cleaner, healthier indoor air. This integrated purification system reflects GREE's commitment to enhancing home environments and promoting long-term wellbeing through innovative air conditioners are thoughtfully designed with self-cleaning functions and easy-to-clean features, reducing maintenance efforts while consistently maintaining high air quality. Equipped with intelligent i-Feel sensing technology, the units automatically adjust temperature settings based on real-time room conditions to ensure optimal comfort. Through the GREE+ app, users can conveniently manage their air conditioners and other smart home devices remotely, as well as monitor energy usage. Wi-Fi connectivity enables seamless, precise control of the home environment for a truly smart and comfortable living on local pricing and products are available from GREE's authorised partners in Singapore:With authorised partners located across Singapore, GREE customers can access air-conditioning products, installation services and technical support. For further assistance, customers may also contact the GREE hotline at 6816 ahead, GREE's new Singapore office firmly anchors the company's strategic pivot to the Asia-Pacific region. As a global leader in air conditioning, GREE is committed to enhancing modern living in Singapore through energy-efficient technologies and premium products that meet the country's high standards. Leveraging Singapore's position as a regional hub, GREE aims to build an extensive business network across Southeast Asia, expanding its global footprint while advancing sustainable innovation throughout the region and #GREE The issuer is solely responsible for the content of this announcement. About GREE Founded in 1991, GREE Electric Appliances Inc. of Zhuhai is one of the world's largest manufacturers of air conditioners and smart home appliances. Headquartered in Zhuhai, China, GREE integrates independent research, development, and production across its full product line, including residential and commercial HVAC systems, air purifiers, water heaters, and smart home technologies. GREE's products are sold in over 160 countries, and the company has held the No.1 global market share in household air conditioners for 18 consecutive years (Euromonitor International). With more than 90,000 employees worldwide and a reputation for innovation, energy efficiency, and high-quality manufacturing, GREE is committed to delivering intelligent, sustainable solutions that improve lives and protect the planet. GREE Singapore marks the company's first direct presence in the country and serves as a strategic hub for Southeast Asia. The branch leads local operations, customer service and regional business development, bringing GREE's advanced energy efficient air conditioning solutions closer to Singaporean consumers and partners.
CBC
10-02-2025
- Business
- CBC
Scooping up of N.S.-based internet provider City Wide a sign of the times
The purchase of part of an Atlantic Canada internet provider by a subsidiary of Vancouver-headquartered Telus is part of a larger trend that's seen smaller independent companies snapped up by big telecoms, according to an industry group. Altima Telecom bought the residential internet customers of Nova Scotia-based City Wide Communications last summer, according to a Telus spokesperson, although the sale was not announced at the time and news of it only began trickling out in recent weeks. "A couple years ago, we started to see kind of a mass consolidation where there was acquisitions by many of the major incumbents like Bell, Telus, Rogers, Eastlink and Cogeco," said Paul Andersen, president of the Canadian Network Operators of Canada, a group that represents independent internet and telecommunications providers. "They all started to acquire smaller players throughout the country." At the peak, about 10 per cent of Canadians were getting their internet from an independent, he said, a share that's declined significantly in recent years as many decided to sell and became "flanker brands" of major telecoms. Andersen views that as a loss for customers, and argues smaller providers have brought consumers more choice on price and service. For instance, they were the first to offer flat rates as streaming became popular, he said, pushing the big companies to follow suit. Locally owned City Wide has touted itself as "locally owned and operated," offering affordable prices in Atlantic Canada and "the same great internet as the giants, minus the giant markups." Peter Menzies, a former vice-chairman of federal telecommunications regulator CRTC, said it will be up to City Wide's buyer to earn the trust of customers through price and service. Telus, he said, is a "very competent provider." "People will feel sentimental about losing the hometown guy," he said. "But I don't think they should rush to a conclusion that that means they're going to be less well served." Martin Nguyen, a Telus spokesperson, did not say how much Altima paid for the City Wide's residential customers. He said those customers will soon be brought into the Altima fold, while City Wide will continue to serve business customers. "As a new entrant in the region, Altima is offering customers the added benefits of greater access to a wide range of products, including mobility, home automation, security, health, and entertainment," Nguyen said in an email. David Pothier, the president of City Wide, did not respond to an interview request. Independent providers connect their customers with their networks by paying for access to lines operated by large incumbents, according to Andersen. City Wide is not the only Nova Scotia internet provider scooped up in recent years. In 2021, Rogers Communications bought Cape Breton-based Seaside Communications. Bradley Farquhar, the CEO of Purple Cow, another Nova Scotia-based independent internet provider, said City Wide is a great company that had a similar mission to his operation, which is to drive down costs. Purple Cow, he said, has tens of thousands of customers and has been approached numerous times by big players, but it has refused to sell. "We feel it's just disappointing for Citywide to be no longer, and to be gobbled up by the big guys," he said. "It's easier to fight in pairs and to work together against the big guys than be standing alone. "So I think it's just a loss to the province of Nova Scotia and the Atlantic provinces to see City Wide now gone."
