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Toshiba appliances enjoy second life with China's Midea

Unit sold off after losses now sets sights on Southeast Asia and India

Toshiba appliances on display at a trade show in Germany in 2018. Midea will market the brand via its global sales channels.

TOKYO/GUANGZHOU -- The home appliance business that Toshiba unloaded as a money-loser in 2016 is now showing signs of a comeback under Midea Group as it leverages its new Chinese parent's sales channels across Asia.

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