April 5, 2004: Toshiba Carrier, GD Midea To Form Largest China A/C Mfr.
The Financial Times report says that the venture could be finalized as early as this spring, with a possible formal announcement by June.
GD Midea is said to be one of the largest air conditioner manufacturers in China. Toshiba Carrier, a joint venture between Japanese conglomerate Toshiba and the Carrier Corporation, is one of the biggest Japanese air conditioner manufacturers.
Publication date: 04/05/2004