Prophet London Gives Electrolux a Fresh New Look | LBBOnline.
Turkey’s Koç Group’s Arçelik broke ground on a Thailand refrigerator plant
Panasonic
Japanese electronics manufacturer Panasonic is considering returning the manufacture of its household appliances in China back to Japan as the yen has depreciated while wage increases and worker shortages have become the norm in China, reports Shanghai’s National Business Daily.
According to Japanese news agency Kyodo, Panasonic plans to reallocate production lines for 40 types of household appliances back to its factories in Fukuroi, Shizuoka prefecture. The firm has been studying and reviewing the plan but has not made any formal decision yet, a senior member told the Shanghai news outlet on Tuesday.
Around 70% of Panasonic’s products have been made in other countries since 1990. It announced a plan in June 2013 to bring household appliance manufacturing back to Japan and raised the percentage of its Japan-made products from 30% to 50%, citing the yen’s depreciation as its reason.
It has moved the production of top-loading washing machines back to its Fukuroi factories from China. The manufacturing of air conditioners and front-loading washing machines were moved back to Kusatsu in Shiga prefecture while microwave ovens moved back to Kobe.
Panasonic has three production bases in China. The plant in Hangzhou, Zhejiang province, has been Panasonic’s largest production base in the world, producing around 3.6 million dryers, dishwashers and parts a year in a joint venture with local company Goldfish Electronics. Another base producing air conditioners is also a joint venture formed with Guangzhou Wanbao. Panasonic’s base founded with Shanghai Yantze River Investment manufactures, develops and sells 4 million microwaves a year.
The decision to bring manufacturing back to Japan can be attributed to the fact that the yen has depreciated from 79 yen to 120 yen against the US dollar from the end of 2012, increasing the cost of Panasonic’s China-made products in Japan and reducing their competitiveness.
The increasing labor costs and other related overheads in China have been other significant factors. The country has many workers but few of them are skilled and the wages for skilled laborers are rising, said Su Liang, brand director of China Household Electric Appliance Research Institute’s R&D center.
Many Chinese household appliance producers meanwhile have been shifting production to Southeast Asia for cheaper labor. Panasonic president Kazuhiro Tsuga said in October last year that
CES 2015: Whirlpool has created the Interactive Kitchen of the Future
Whirlpool CES
Whirlpool Brand earned six International Consumer Electronics Show (CES) 2015 Innovation Awards for the Whirlpool® Front Load Washer and Dryer with Nest Technology, Whirlpool® Double Drawer French Door Refrigerator, Whirlpool® HybridCare™ Heat Pump Dryer, Whirlpool® Smart Top Load Washer and Dryer, and the SWASH™ system, credentialed by Whirlpool and Tide brands, two of the most trusted leaders in fabric care. Products entered for awards consideration are judged by a panel of independent industrial designers, engineers and members of the trade media to honor outstanding design and engineering in cutting-edge consumer electronics products across 28 product categories. – See more at: http://3blmedia.com/News/Whirlpool-Brand-Takes-Home-Six-Innovation-Awards-CES-2015#.dpuf
Bosch Group completed its acquisition of Siemens’s 50 percent
Company to be known in the future as BSH Hausgeräte GmbHHousehold-appliance manufacturer to be run as a largely independent operationExpansion of activities in connected buildings and appliances
On January 5, 2015, following the antitrust authorities’ approval, the Bosch Group completed its acquisition of Siemens’s 50 percent share in BSH Bosch und Siemens Hausgeräte GmbH. The former 50:50 Bosch-Siemens joint venture can therefore now be run as a wholly owned Bosch subsidiary. The household-appliance manufacturer with its roughly 50,000 associates generated sales of some 10.5 billion euros in 2013. Following listing in the commercial register, the company will be known as BSH Hausgeräte GmbH.
Bosch
BSH (Bosch und Siemens Hausgeräte GmbH) is planning to take over Fagor Mastercook in Wroclaw Poland. The German investor is going to pay 90 million PLN for the production site and put another 120 million in its development. They are planning to employ 500 people. FagorMastercook assets as factories producing cookers or top-loading washing machines.
Heinner Appliances
Heinner, the appliance brand of the Network One Distribution group, will end this year with a EUR 15 million turnover, up 40% year-on-year,
The Major Domestic Appliances (MDA) products category has a 75% market share, while the Small Domestic Appliances (SDA) segment contributes by 25% to the overall sales recorded in Romanina
The Heinner portfolio includes about 100 different appliances http://www.heinner.com
Bosch targets Malaysia
Bosch household appliance brand, targets to increase its market presence in Malaysia by introducing the finest German technology in household appliances to consumers.
The technology was showcased at the official launch of the Bosch Experience Centre at Publika Shopping Gallery, which offers the latest Bosch household products ranging from large appliances to smaller kitchen utensils.
The company is looking to expand its distribution channels in the upcoming year, as well as investing more focus on the key market segments for the brand.
The company is also keen to collaborate with leading retailers and establish more Bosch Experience Centres in Malaysia, he said, adding the focus will be on laundry and cooking appliances.
Candy slim depth washer
6kg Load 1200rpm Spin Speed Wash Phase IndicatorDelay Start Allergy Care Rinse Option Fast Wash Option Cold Wash Option32’ Rapid Cycle Mix & Wash CycleActiva Wash System A+AB Rated 85x60x40cm (H W D)
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