Chinese air conditioner market saw sluggish performance in FY 2019

The 2019 financial year (from August 2018 to July 2019) or the so-called Cold Year of Chinese air conditioner industry ended with sluggish performance, posting sales value of 195.6 billion Yuan, down by 3.6% year-on-year, and sales volume of 56.77 million units, down by 1.7% year-on-year, according ...

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China's AI chip market to exceed 12b yuan in 2019

China's market of artificial intelligence (AI) chips is expected to reach 12.4 billion yuan (about $1.73 billion) in 2019, a 50-percent year-on-year growth, according to a report released on August 30 2019...

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China's home appliance sector expands in H1

The output and sales of China's home appliance saw a stable growth in the first half of the year, an industry report showed. Domestic retail sales reached 429.7 billion yuan ($62.28 billion) during the period, with over 40 percent contributed by online sales, according to a report released by the...

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Data| Refrigerator market saw a slight fall in sales value while a rise in volume in H1

Retail sales value of refrigerator in Chinese market posted 45.8 billion Yuan, down slightly by 0.3% while retail sales volume posted 16.31 million units, up by 2% year-on-year.

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Data| Washing machine industry saw steady growth in H1

Retail sales volume of washing machines in Chinese market posted 16.85 million units in H1 2019, up by 5.0% year-on-year, while retail sales value up by 3.7% year-on-year to 33.5 billion Yuan, according to All View Cloud. Online retail sales volume in H1 grew by 22.8% year-on-year to 8.64 million...

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