Chinese appliance maker Haier Group Co. said Wednesday it aims to have sales of ¥50 billion in Japan this year by reinforcing its product lineup with the Aqua brand.
The brand was formerly for Sanyo Electric Co's washing machines. Haier agreed last year to acquire the brand from Sanyo parent Panasonic Corp.
The fast-growing Chinese maker said that out of the total sales target, it aims to log ¥35 billion via the Aqua brand and ¥15 billion from the Haier brand. Haier already sells home appliances under its own brand in Japan. (Japan Times)
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