Review of the First Half of 2016 in the Appliances Industry

With stable growth expected in this year, the consumer appliances industry has been dynamic in the first half of 2016. Several mergers and acquisitions have happened, especially with Asian major appliances companies which will impact the global competitive landscape. European regions are expected to be impacted by the recent Brexit vote and the slow economy in Eastern Europe. Speeding up development of connected appliances will be main focus for companies in this year.
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