Midea released its financial report for the first half of 2022, showing semi-annual revenue growth from 5.0% to RMB183.7bn. Net profit growth was even faster than revenue, coming in at RMB 16bn with a YoY 6.6% increase.
“China-Based Supply for the World + Local Supply”
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Balanced in both ToB and ToC businesses, Midea Smart Home revenue during the first half of 2022 was RMB126.9bn. According to AVC, Midea home appliance products ranked 1st during the first half of 2022 in both domestic online and offline market shares among 7 household appliance categories, including air conditioners and microwave ovens.
Industrial Technology achieved a revenue of RMB12.1bn with 13.3% YoY growth, and Midea’s global market of residential AC compressors increased to 44%, representing the 1st worldwide. The unit sales of motors for residential ACs and laundry appliances accounted for 42% of the global figures.
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LG to Tease Exclusive PLAYMOBIL Collectibles at IFA 2022
Company to Introduce Unique Character Figures and
Toy Home Appliances During Berlin’s Annual Tech Showcase
LG Electronics (LG) in collaboration with PLAYMOBIL®, Germany’s renowned toy manufacturer, is set to unveil an exclusive collection of LG-themed toys at IFA 2022 in Berlin. The adorable, new figures and toy appliances will be available from next year at a series of online and offline events aligned with LG’s commitment to creating F.U.N (First, Unique and New) customer experiences.
Displayed in the Lifestyle zone of the company’s IFA booth – along with LG’s latest, premium home appliances – are three of the brand-new character figures created by LG and PLAYMOBIL. There’s the safety-conscious and always-ready-to-help Henry (a.k.a. ‘LG Man’), the popular kitchen and lifestyle influencer Nora and the fashion-forward J. J.Helping the trio of LG-PLAYMOBIL personalities to live a comfortable, miniature-scale lifestyle at home are toy versions of LG’s innovative appliances, including washing machines, InstaView™ ovens and InstaView refrigerators, and the all-in-one WashTower™.
The cute characters and pint-sized appliances will also be maintaining a social media presence, appearing in entertaining content across LG’s online channels, including the Home Appliance Company’s official Instagram account, the Life’s Good Kitchen (@lifesgoodkitchen).
“We’re delighted to give IFA visitors a sneak preview of our fantastic new toy collection, created in collaboration with Germany’s own PLAYMOBIL,” said Roh Soo-kie, head of brand communications at LG Electronics Home Appliance & Air Solution Company. “Consumers will be able to get their hands on these very collectible, little toys at exclusive events and promotions starting in early 2023. We will continue to offer interactive activities that deliver unique customer experiences and highlight LG’s ongoing commitment to innovation for a better life.”
Visitors to IFA 2022 (September 2-6) in Berlin, Germany, can learn more about the new toy collection at LG’s exhibition booth in Hall 18, Messe Berlin.
Miele sustainability
Miele are committed to make sustainability happening every step. Make appliances that won’t leave a mark. End waste by giving our appliances new life. At IFA 2022, we’re showcasing their ambition and responsibility on sustainability. And this doesn’t end at the factory gate. Visit Miele at the trade fair in Berlin from September 1-6 or find out more here: https://www.miele.com/c/sustainability-3359.htm
Fagor relaunch in France
Fagor brand who Amica group took over the license for large household appliances in 2019, will increase its presence in France. From September, Sideme will sell the brand’s ranges to the trade.
Sideme was to relaunch Fagor in 2020, the health crisis delayed its projects. Like many manufacturers, the company then had to face supply and transport difficulties. Not wishing to risk delivering incomplete ranges, Sideme preferred to postpone the return of its emblematic brand. While the group hoped to launch the new ranges before the summer, starting with the cold, in the end all the new products will be released in the fall.
The brand is already well established in Spain, where it had the most notoriety. It is also developing in other countries such as Romania and the Czech Republic
New AEG wine cellar
New AEG wine cellar (model AWUD040B8B) is characterized by a linear aesthetics and a refined Matt Black nuance. It has 5 shelves (3 of which are made of wood and can be pulled out on telescopic guides) and stores up to 40 bottles of wine at an adjustable temperature from 5°C to 20°C and with a humidity percentage above 50%. The temperature can be constantly monitored through the electronic control via the LCD Touch Control display. In addition, the double upper LED lighting and the three-layer glass, resistant to the UV rays, safeguard the bottles. Other pluses of the product are: the acoustic and luminous alarms that signal when the door is open or the temperature is not suitable for storing the bottles; the activated carbon filter, the low noise, the concealed handle and the reversible door with hinging on the right.
BSH SMART COOKING AT IFA
Imagine getting step-by-step instructions across recipes and appliances, suggesting the easiest and fastest options for preparing different recipes based on your preferences simultaneously with the appliances that you own.
“That’s our door into the digital future and we are going to storm it!” says Johannes Ochsner, BSH Smart Cooking Lead Program Manager, who shares his outlook of a new and seamless kitchen of the future.
To find out which appliances and digital innovations Bosch have in store for the #smartkitchen, stay tuned and check out BSH brands’ IFA presentations in Berlin!
Franke financial report
In this demanding environment, Artemis Group/Franke performed well in the first half of 2022, achieving organic sales growth of 13.5%. Almost all of its business activities focused on on-time deliveries and largely compensated cost increases through price increases.https://www.franke.com/franke-group/en/presse/press-releases.html
Liebherr to showcase the future of sustainable refrigeration and freezing at IFA 2022
Liebherr-Hausgeraete is presenting its latest innovations at this year’s IFA, under the motto “shaping the future of freshness”. Its products and freshness solutions are all geared towards achieving a more sustainable future. The company will also present a pioneering technology which it says will revolutionise refigeration and freezing.
The new products of Liebherr have been developed with a view of achieving high levels of energy efficiency, a longer service life and reducing food waste by keeping food fresh for a very long time. They will be presented at IFA in Berlin, Stand 201 in Hall 2.1, where the specialist for refrigeration and freezing will be demonstrating its latest innovations between September 2nd and 6th.
The theme behind Liebherr’s IFA attendance is “shaping the future of freshness”. The stand will showcase the company’s forward-looking innovations for a more sustainable lifestyle focusing on energy efficiency, freshness solutions, smart technologies all within the “timeless, elegant” design of its applianceslot has happened since the last time we participated at IFA: We have further developed our appliances and technologies in a more sustainable manner. The introduction of our new fully integrated and freestanding appliances brings us another great step further towards a more eco-friendly future”, says Steffen Nagel, Managing Director Sales & Marketing at Liebherr-Hausgeraete.
“Now we are looking forward to presenting our world of freshness to the public at the leading trade fair IFA and letting them participate in a world premiere”.
It is evident that sustainability is not simply viewed as a new trend for Liebherr. Their products are designed and tested for a minimum service life of 15 years. The key to an exceptionally long service life is using high-quality materials, or in the company’s words: “This uncompromising quality standard extends from the smallest detail to the design”.
The manufacturer said it has achieved the highest possible energy efficiency classes, as well as using responsibly sourced resources. In addition, the company will leverage IFA’s platform to demonstrate how high-quality materials and smart technologies can play a key role in saving energy
Electrolux: investments in Italy are “under review”
Electrolux announced it to the unions: The plan of at least 70 million euros planned for the Italian plants, in particular that of Solaro (dishwasher) “is under review”. The plan was announced in July by head of HT Ruben Campagner and included 600 new jobs The Swedish multinational, which in Italy has about 5,000 employees between Porcia (washing), Susegana (cooling), Forlì (ovens and hobs), Solaro (dishwashers) and Cerreto d’Esi (hoods), should have met the trade unions at the summit of national coordination on 31 August to discuss the operating methods of the announced investment in Solaro for the new dishwasher facility.
JURA J8 and GIGA 10 coffee machines will be presented at the IFA
JURA is preparing to present two new models of coffee machines for demanding customers at the IFA trade fair, namely the J8 and GIGA 10 models. These are not just design facelifts, both novelties will bring interesting technological innovations. More information to follow
