Haier reports 20% growth and reveals future production investment plans.
According to the company, it means 1: 4 fridges and washing machines sold around the world are from either Haier, Hoover or Candy brands.
In the economic 12 months 2020/21, Haier said it has six manufacturing sites and 7,7000 employees, of which 300 are R&D engineers.
It also reported a 30% year-on-year increase in smart MDA sales, with more than 3million registered users, 18+ connected product families and more than 12million smart products withinside the market.
Haier has already set out its vision to be the first customer choice for the Smart Home and is set to exhibit a simulation of a fully connected home at Milan Design Week from September 4-10, 2021.
In addition, appliance producer has announced funding in its commercial footprint to fulfill growing demand, with the opening of three factories this year and next.
The location of the three production centers will be in Romania, Turkey and China