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”.
Amazon’s takeover bid on iRobot
Amazon has put $ 1.7 billion on the table to buy the entirety of the shares of iRobot, the American company known worldwide for the Roomba series of robot vacuum cleaners, as reported by the Wall Street Journal . Although the company is the reference brand in the sector, it has probably suffered from the growing competition due to the success of the category and in recent months it has lost profitability closing its balance sheets in deficit.
The stock, which was worth 68 dollars at the beginning of 2022, had dropped to around 35 in mid-July and then climbed back to 50 dollars per share. Amazon offering $ 61 in cash provides a premium of around 20%. The total investment envisaged by Amazon: 1.7 billion, is slightly higher than the 2021 turnover: 1.56 billion. Amazon is also committed to clearing the company’s debt.
The market does not seem to expect a further offer. Amazon is committed to building an ecosystem of home appliances to make Alexa the ‘smart home’ hub competing with Google.
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.
BSH NEW COOLING APPLIANCE FACTORY
BSH broke ground for our first factory in Mexico! Starting operations in 2024, their new factory in Monterrey, Nuevo León will produce up to 600,000 cooling appliances per year.
The BREEZER is a futuristic and innovative product which is looking to claim a place in people’s kitchens and living rooms.
With a name cleverly combining the words “beverage” and “freezer”, the super-fast cooler makes spontaneous plans possible with perfectly chilled drinks at the touch of a button.
The BEEZER uses innovative Rapid Air cooling technology, bringing bottles or cans to the optimum drinking temperature in a matter of minutes. The invention is the product of young, Munich-based entrepreneurs Moritz Schüller and Max Huber. The former thought up the concept during his student days, and teamed up with schoolfriend-come-co-founder Huber at the end of 2019.
The cooler stands out thanks to its patent-pending air circulation system that can reach temperatures of below -30 °C. The BEEZER takes around 10 minutes to pre-cool, before users can place beverages in the device to have them cooled at fast speed.By 2023, the company claims that the BEEZER will be the fastest air-based bottle cooler in the world. For now, it is definitely an innovative product which will be welcomed into the kitchen.
• Cools beverages at least 10 times faster than your freezer
• Enjoy spontaneously and create moments to remember
• Designed in Germany, made in Europe
Ecovacs Robotics proudly presents its AI-powered Deebot T10 range of products.
The T10 family features three mopping robots – the Deebot T10, the Deebot T10 PLUS and the Deebot T10 TURBO. Ecovacs’ robots feature newly-developed AIVI 3.0 AI technology, which allows them to detect obstacles more rapidly when cleaning around the home. The models are also equipped with a more powerful Horizon Sunrise 3 processor, making its AI more advanced and capable of recognising single images up to 20 times faster.
A built-in Starlight HD camera means users can easily navigate all types of area, even in low light. The camera allows users to see every corner of their home while cleaning.
In addition, the voice assistant YIKO is on hand to help users control and guide the cleaning robots. It has been described as the industry’s first integrated interactive natural language assistant for household robots, and can speak multiple languages. Deebot T10 family features a four-stage cleaning system. Two side brushes handle floor dust, while the main brush is used to sweep the floor. The robots have been specially designed to adapt to different environments, regardless of the floor type. The robots are also equipped with differing mopping systems for various surfaces and cleaning methods.
Look no further than the Deebot T10 range from Ecovacs for a family of innovative, dependable robots which aim to set a new standard in floor cleaning.
Haier showing off at IFA
Haier Europe After two years of waiting, at the IFA in Berlin, the event dedicated to the world of technology, innovation and the best of consumer electronics.
A fundamental stage to present to the world new solutions where the IoT is the protagonist in environments created ad hoc for Candy, Hoover and Haier. The consumer is invited to live a new domestic experience, starting from proposals that are not only functional, but also with an attractive and renewed design.
The exhibition space, located in Hall 3.1, includes an area of 3,700 square meters and tells a new vision of the smart home. A journey into connectivity where the fundamental steps are the new products, designed with technological solutions that come to life by interacting with visitors, involving them in unique moments.
Haier Europe’s primary objective is to satisfy the needs of every consumer through continuous technological innovation, the careful use of artificial intelligence and an ever-current design study: the perfect “zero distance” style. Thanks to a capillary connection between the products, ecosystems are created that are modeled around the lives of people who are able to anticipate desires and offer solutions that simplify and improve the routines of daily life.A leading role is played once again by the app hOn, the platform that allows you to manage all the appliances of the three brands and have access to a multitude of services thanks to a selection of partners in continuous expansion, based on a built ecosystem. on scenarios. 4.5 million registered users on the hOn app were recently reached.
Candy, Hoover and Haier are revealed in three distinct macro-areas, dynamic and connected places, with three immersive paths that also wind through stations dedicated to the discovery of novelties and range musts. Events, animations, international show cooking will contribute to offering an engaging user experience. IFA 2022 represents an important moment of sharing even the most important results achieved by the company, including the opening of new plants. In 2021, the construction of two new factories was completed in Romania and Turkey, specialized respectively in the production of refrigerators and dryers. In 2022, production also started in the new plant dedicated to the production of dishwashers in Turkey.
All new factories are best-in-class and are designed to improve production capacity, product availability and range flexibility. The new plants play a fundamental role in the go-to-market and customer centricity strategy.
Euroflex presents Thermal Y1: the ultimate heated roller mop
This model is the first heated roller mop that uses heat to deep clean floors. the mop features a self-cleaning brush system that lets users clean all types of floor with ease.
the exclusive patented roller heating system allows users to optimise the two fundamental factors of floor cleaning: humidity and temperature. the y1 is therefore perfect for cleaning critical surfaces such as marble or delicate surfaces like wood. it is one of the easiest and quickest ways to clean and sanitise floors around the home, which makes floors safer and more hygienic around children and pets.
euroflex claims to be the first in the world to create a floor cleaner that uses exothermic technology (which is an international patent). the thermal y1 transfers heat (of around 250°f/120°c) to the cleaning rolling pad, which creates enough energy to clean hard surfaces in a quick and efficient way. the model works with a precise amount of water to reduce waste and to create the ideal moisture for cleaning. 200mm of water can clean an area up to 90m2.
Miele new store in Poland
Miele arrived in Kraków! After an intense period of construction, furbishment, training and polishing, Miele Experience Center in Unity Center is officialy open.
It’s the sixth store of Miele in Poland
LG profits
LG Electronics Inc. (LG) announced its highest-ever second-quarter revenues, reflecting strong sales for LG home appliances in key regions and the profitable growth of LG’s vehicle components business as the global automotive industry rebounds.
LG reported revenues of KRW 19.5 trillion in the second quarter of 2022, 15 percent higher than the same quarter the previous year. Operating profit for the second quarter was KRW 792.2 billion, 12 percent lower than the same quarter last year, largely due to supply chain challenges and higher logistics costs.
Given the business impact of the evolving state of the pandemic and economic conditions, LG is leveraging its comprehensive business portfolio, expanding sales from premium to mass-tier products and growing business-to-business areas such as auto parts.
The LG Home Appliance & Air Solution Company reported revenues of KRW 8.07 trillion in the second-quarter, first time in LG’s history for a single business unit to exceed quarterly revenues of KRW 8 trillion. Operating profit was KRW 432.2 billion. Revenues increased 18 percent from the second quarter a year ago, mainly driven by stronger sales of premium appliances and new categories such as hygiene products using steam technology in the key regions of North America and Latin America. The business unit plans to continue its momentum by improving competitiveness of premium products and strengthening its mass-tier lineup.
The LG Home Entertainment Company recorded revenues to KRW 3.46 trillion in the second quarter with operating loss of KRW 18.9 billion reflecting increased marketing investments in response to intensified market conditions. LG’s Home Entertainment strategy will center on effectively managing marketing expenses and growing the premium TV segment, particularly around peak selling seasons including the FIFA World Cup and holiday.
The LG Vehicle component Solutions Company achieved second-quarter sales of KRW 2.03 trillion, a 19 percent increase from the same period of 2021, leading the business unit to be profitable for the first-time. The significantly higher sales were driven by LG proactively responding to higher demand from automakers with efficient supply chain management. With the cloud of uncertainty created by inflation and geopolitical risks, the company will continue to build strong relationships with global automakers along with strong cost structure management to further improve profitability.
The LG Business Solutions Company recorded solid second-quarter revenues of KRW 1.54 trillion with operating profit of KRW 14.3 billion. Revenues increased 19 percent from a year ago largely on the back of recovery of the business-to-business segment. The company plans to aggressively target the rebounding B2B segment by developing more customized solutions and expanding its product portfolio for stable growth.
Discontinued Operations: Second-quarter financial results from LG’s solar panel business, which closed in June as previously announced, are being treated as a loss from discontinued operations.
WHITEGOODSNOW 