According to the calculations by Statista agency, in 2021 the household appliances, big and small, for a total value of 448 billion dollars, were sold in the world. 74% of the amount comes from big appliances, 26% from small ones. The cooking sector represents 38% of the total, followed by the cold one with 22%; 17% goes to washing, whereas the remaining 23% is subdivided among all other appliances.
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Midea growth
Growing by 20% in 2021, the Chinese group had a turnover of about 50 billion euros last year and invested over 7 billion in the last five years in Research and Development.
Midea in 245th place among the Fortune 500
Growing by 20% in 2021, the Chinese group had a turnover of about 50 billion euros last year and invested over 7 billion in the last five years in Research and Development.
Midea in 245th place among the Fortune 500
Midea climbs to 245th place in the 2022 version of the ranking of the world’s 500 largest companies drawn up annually by Fortune. The turnover of the Chinese group grew by 20.06% in 2021, reaching an all-time high of 343.4 billion yuan, equal to about 50 billion euros at the current exchange rate.
As reported in a press release from the group , Midea pursues the goal of “Technological Leadership” and accelerates its transformation based on technology in all sectors of intervention. In the home appliance under the banner of the ‘smart home’ you are committed to providing the best experience of appliances and services for the whole home through the use of IoT and AI technology.
The Midea Group employs 160,000 people, of which over 30,000 are outside China. Over the past five years, Midea has invested nearly 50 billion yuan (7.2 billion euros) in research and development and has 35 research and development centers and as many manufacturing bases around the world. Midea products and services are used and appreciated by 400 million consumers in over 200 countries and regions.
Whirlpool to Buy Insinkerator Waste-Disposal Business in $3 Billion Deal
Whirlpool Corp. agreed to buy Insinkerator, Emerson Electric Co.’s Waste-disposal business, in a $3 billion transaction
InSinkErator, which has an over 70% market share in the food waste disposal industry, is a popular household name in the United States.
Sir James Dyson awarded the Public Service Star by the Singapore government on National Day
As part of this year’s National Day Awards, Sir James Dyson, Founder and Chairman, Dyson was awarded the Public Service Star (Distinguished Friends of Singapore) by the Singapore government, in recognition of his contributions to Singapore Commenting on the award, Sir James Dyson said, “This is a great honour and recognition of the whole Dyson team in Singapore. Today we proudly call the historic St James Power Station our global headquarters and our wonderful Singapore engineers and scientists are driving exciting research programmes with Singapore’s excellent universities – it is a highly supportive environment for a high-technology manufacturer such as Dyson”.
Hisense launches its new smart refrigerator with wi-fi
Hisense has expanded its range of SkyLine refrigerators with the new smart fridge-freezer with wi-fi and the ConnectLife application. Thanks to its wi-fi functionality, it can be connected to a smartphone to monitor and control it remotely, as well as receive notifications.
Hisense has ensured that the products will stay fresh and in optimal condition, when you make a big weekly purchase that includes a lot of fruit and vegetables, with the Super Cool and Super Freeze functions, also connected with the ConnectLife app. While activating the Super Cool function will increase the temperature in the refrigerator compartment by up to 2°C, activating the Super Freeze function will lower the temperature in the freezer compartment by up to -24°C. Both functions will automatically turn off after a few hours.
Maximum food protection is achieved thanks to a three-level system: Multi Air Flow, Micro Vents technology and Metal Cooling, which guarantee uniform cooling throughout the refrigerator, fixing nutrients and minerals more quickly and keeping food fresh for longer. more time. A special Moisture Crisper fresh produce storage at the bottom of the fridge manages moisture inside the drawer to suit the type of food stored. The upper drawer with constant temperature around 0°C is perfect for meat and fish, prolonging its freshness.
Also noteworthy is the Freezer Convert function that allows you to convert the freezer compartment into a refrigerator, gaining even more space for daily use.
Cecotec @ IFA 2022
Cecotec will participate in the IFA fair in Berlin, the technological event par excellence in Europe, whose 2022 edition will be held from September 2 to 6 at the Messe fairgrounds in Berlin.
Located in hall 3.1 B, at stand 105, the brand will present the latest news and technological innovations from its wide range of household appliances and solutions for the home and people.
Cecotec is a Valencian family business specializing in the manufacture and sale of household appliances and applications for the home focused on improving people’s lives. The company was born in 2013, has a workforce of around 750 people and has closed the last few years with a turnover of more than 300 million euros per year. It is present throughout Spain and has a commercial presence in more than 50 countries, as well as subsidiaries and logistics in France, Italy and Germany. It has a wide range of vacuum cleaners, kitchen products, washing machines, dishwashers, refrigerators, personal care, rest, fitness, DIY, electric mobility, etc. equipped with the latest technologies available to everyone
Hitachi launches new products in Nepal
Hitachi launches new products in Nepal Hitachi, an international electric home appliance brand, has launched four new products in Nepal.
Universal Electrocom Pvt Ltd, a branch of Ramesh Corp entity, is an authorised distributor for the brand’s home appliances in Nepal.
The products include four models of microwave oven, front-load fully automatic 12KG washing machine, French bottom refrigerator 638lt and cordless stick vacuum cleaner.
Elica results
Elica’s first-half 2022 results are something to be proud of. Despite the challenging situation and the market uncertainties,
Elica posted outstanding 1H results with revenue at EUR 290.2 million, up 7.7% on 1H 2021. This growth was driven by sales of own brands and Motors Division, led by an even stronger Q2, setting new revenue and margin records.
New supply chain director whirlpool UK
Whirlpool UK Appliances Limited, the home of Hotpoint, has announced the appointment of Alistair Dobson as Supply Chain Director, UK and Ireland. Having worked for Whirlpool UK in various roles of increasing responsibility for over two decades, Alistair brings a wealth of knowledge and experience of the domestic appliance industry to his new positionAlistair’s new position as Supply Chain Director will involve leading the company’s supply chain operations, including overseeing its commitment to creating a circular economy
Glem Gas
Italian company Glem Gas has a long know-how in cooking technologies. This expertise is transferred in any appliance of the brand. As regards ovens, Glem Gas equipped its models with several features, allowing to obtain a perfect cooking.
The cooling system perfectly maintains heat insulated inside the oven cavity. A forced air flow over its perimeter ensures that all components work in the right temperature range for the entire life of the product. It is also a further guarantee of duration and performance by Glem Gas.
Moreover, all Glem Gas ovens are equipped with a small chimney in the upper part of the internal cavity that allows the cooking steam to be expelled externally through the tangential fan.
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