Dishwasher sector saw dazzling online sales

Amid the overall lackluster performance of Chinese home appliance industry from January to July 2019, dishwasher sector stands out with strong growth, posting combined sales value of 3.46 billion Yuan, a year-on-year growth of 24.9%, and sales volume of 725,000 units, a year-on-year growth of 24.9%,...

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China's home appliance industry saw profit up by 14.9% to 79.9 billion Yuan from Jan to Aug 2019

China's home appliance industry saw combined revenue of 1051.3 billion Yuan from January to August 2019, a year-on-year growth of 4.7%, and combined profit of 79.9 billion Yuan, a year-on-year growth of 14.9%, according Ministry of Industry and Information Technology. When it comes to breakdown...

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China's 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 China's 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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