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Consumer Appliances

Toaster-Oven

Midea’s Moves in Connected Appliances Development and Suggested Next Steps

by September 20th, 2016

Realising the great opportunities offered by the Internet of Things (IoT) and Industry 4.0, Midea Group Co Ltd has established a “dual-smart” corporate strategy to develop connected appliances in the direction of smart appliances and connected manufacturing in 2015. Although LG Corp and Samsung Corp are still leading global connected appliances development, Chinese rivals, including […]

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Samsung Corp Announces Acquisition of Dacor Inc.

by August 18th, 2016

In August 2016, Samsung Corp announced the acquisition of Dacor Inc in consumer appliances. Both companies are compatible in terms of product offering as well as target consumers in the US. By acquiring Dacor, Samsung gains a number of advantages, namely leveraged brand and product strategy especially in large cooking appliances, shared production capacities and […]

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Trends in Small Cooking and Food Preparation Appliances

by July 23rd, 2016

According to Euromonitor International data, small cooking appliances and food preparation devices are expected to grow robustly over the next five years. Manufacturers are using new technology in order to satisfy consumer demand; mini-versions of products being a prime example. SEB Group recently launched various sizes of its light fryers, targeting two-person households. Oster, Ninja […]

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