DJI entering robot vacuum sector
Competition in China's robotic vacuum cleaners market is intensifying, with DJI, the world's largest commercial drone manufacturer by market share, recently marking its entry into the fast-developing cleaning appliances sector.
Xiaomi’s Second-Quarter Profit More Than Doubles as EVs, Smart Appliances Drive Record Sales
Xiaomi, a major Chinese maker of consumer electronics and electric vehicles, said second-quarter profit more than doubled as revenue hit a fifth consecutive quarterly record, driven largely by surging EV demand and booming smart home appliance sales.
Household appliance makers accelerate overseas expansion plans
Chinese small home appliance makers are ramping up efforts to expand their footprint in emerging overseas markets and pooling more resources into localized research and development as part of a broader push to bolster global sales and enhance international influence, industry experts said.
Heatwaves in Europe boost AC industry
China's exports of air conditioners are seeing robust growth as unprecedented heatwaves sweep across Europe this summer, leading to surging demand for cooling appliances in the continent and prompting domestic household appliance manufacturers to make their products more intelligent and energy...
Midea, Other Chinese Home Appliance Titans Invest Big in Household Service Robots
Chinese home appliance giants such as Midea Group have sparked a new surge in investment in the household service robot market.
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