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Skyworth to invest $390 mln in home appliance production

Posted by By at 10 June, at 14 : 48 PM Print

Skyworth Digital Holdings Ltd said on Thursday that it will invest 2.5 billion yuan ($390 million) to produce refrigerators, washing machines and LCD televisions.

The company would raise money from its own sources and through debt financing, Skyworth said in a statement to the Hong Kong stock exchange.

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