BSH Home Appliances, a German giant, is entering India's mass market for the first time globally. By partnering with local manufacturers and reducing prices by up to 20%, the company aims to capture a larger share of this crucial segment, introducing over 350 new models.
Chinese smartphone maker Xiaomi is expanding into India's home appliances market due to declining handset shipments. The company plans local manufacturing and has appointed Alex Tang as the new South Asia regional head to lead this growth phase.
LG offers significant discounts on TVs, home appliances, and monitors through promo codes, MyLG Rewards, and exclusive deals. Save up to 20% on select items, get $800 off specific OLED TVs, and enjoy special offers for students, teachers, and first responders.
A VCIOM study reveals Russian internet users spend an average of 27,400 rubles ($374) monthly on online purchases, a 2.6-fold increase in five years. Clothing, footwear, and household goods are top online buys, while pets and large appliances are preferred offline.
Home Depot offers a wide range of discounts, including up to 50% off tools and appliances, 10% off for military members, and special savings for Pro Xtra loyalty program members. New customers can get $5 off or 10% off via newsletters and text alerts.
Dreame Technology Japan held a new product launch event in Tokyo on June 1st, showcasing new refrigerators, vacuum cleaners, air purifiers, and fans. Several products, including a smartphone and a stair-climbing robot vacuum, were also displayed.
Samsung offers significant discounts on smartphones, TVs, and appliances, including up to $1,000 off Galaxy phones and 30% off for specific groups. Deals also include trade-in offers and bundle savings.
Costco channels returned, damaged, and unsold appliances through a secret B2B online auction platform called 'Costco Wholesale Liquidation Auctions,' managed by B-Stock Solutions. Only resellers with permits can bid, and items cannot be resold within 5 miles of a Costco store, leading them to online marketplaces or liquidation stores.
Australian renters are missing out on energy upgrades due to landlords' lack of motivation, resulting in higher power bills and reduced home comfort
Lowe's Home Improvement offers various discounts and rewards programs, including up to 70% off kitchen and bath products, daily deals, a MyLowe's Rewards Program with tiered benefits, a separate Pro Rewards Program for contractors, a 10% military discount, a store credit card with 5% off, and a price guarantee policy.
Samsung offers significant discounts on smartphones, TVs, and appliances through promo codes, trade-in deals, and special programs. Savings include up to $1,000 off Galaxy phones and 30% off for eligible groups.
LG offers various discounts on its products, including up to 20% back with MyLG Rewards, a 5% referral code, and a secret 24-hour coupon for members. Special discounts are available for students, teachers, and first responders, with savings on TVs, appliances, and gaming gear.
Home Depot offers a wide range of discounts, including up to 50% off tools and appliances, 10% off for military members, and special deals for Pro Xtra loyalty program members. Savings are available through promo codes, newsletters, text alerts, and credit card offers.
Two Chinese defense companies, Chongqing Changjiang Electric Appliances Industries Group and Hunan Huanan OptoElectronic Group, have cryptically announced that their products have "successfully refreshed the world record" in specialized tests, suggesting a new long-distance shooting record may have been set.
Smart energy management just took a step closer to becoming simpler. This week, the organizations behind Matter, the smart-home interoperability standard, and the OpenADR protocol, which sends signals between the grid and the home, announced an agreement to work together. This should make it easier for connected appliances to participate in demand response programs (DR) […]
Appliance giant slashes earnings forecast and hikes prices by 10% with another 4% spike plannedWith the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business.The company known for brands such as KitchenAid, Maytag and its namesake, said that the Iran war led to a “recession-level industry decline” in America as consumer confidence collapsed in late February and March. Revenue dropped nearly 10% in the quarter as sales of major appliances in North America declined more than 7%. Continue reading...
India’s military is exploring alternative energy sources amid surging oil and gas prices caused by supply disruption from the Iran war, a trend that analysts say is set to accelerate among other Asian countries heavily dependent on energy imports. According to local media reports, the Indian army plans to get biogas stoves to replace natural gas-fired appliances for cooking. It is also exploring the use of green fuels for army vehicles and administrative work, as well as solar and wind power for...
Taking on its US rival in Britain is expected to lead to ‘collateral damage’ for UK retailers“We’re here to shake up the UK e-commerce market,” says Matthew Nobbs, the UK boss of Joybuy which is spearheading a European charge by China’s version of Amazon.“I see our competitors as everyone,” he adds, reflecting the scale of ambition of the online retailer that sells home appliances, groceries, makeup and more. Continue reading...
China is advancing beyond subsidies in advanced manufacturing, moving from 'old three' textiles to 'new three' EVs, batteries and solar panels, with 'newer three' in AI, robots and medicines. Engineers, supply chain depth and policy execution are key drivers alongside state funding.
While the newest home technology aims to make life easier, when it prioritises aesthetics over usability, some lives are actually made much harder, writes Nas Campanella.
Irapanar, a remote village deep in Chhattisgarh's Abujhmarh forests, has received electricity for the first time at a cost of ₹56.11 lakh. The village, located around 30km from Narayanpur district headquarters, was virtually cut off from the outside world with no steady power source for decades. Power distribution teams manually carried poles, wires and equipment across difficult terrain to electrify the village, enabling children to study after sunset and bringing mobile phones and basic appliances into homes.
Arçelik, Arçelik Hitachi Home Appliances'taki %60 payını Hitachi Global Life Solutions Inc.'e devretmek için anlaşma imzaladı. İşlem kapsamında şirket kapanışta 205 milyon dolar ve üç yıl içinde 56 milyon dolar taksit alacak. Arçelik, Hindistan, Pakistan, Bangladeş ve Mısır gibi yüksek büyüme potansiyeli olan pazarlara odaklanırken, Türkiye ve Avrupa'daki lider konumunu güçlendirmeye devam edecek.
Arçelik, Arçelik Hitachi Home Appliances B.V. şirketindeki %60 hissesini Hitachi Global Life Solutions'a satmak üzere anlaşmaya vardı. İşlem toplam 261 milyon dolar değerinde olup, Hitachi'nin Nojima Corporation ile yeni yapılanma planının bir parçasıdır.
Samsung Electronics is reportedly considering a significant restructuring of its China operations, potentially exiting segments like home appliances and displays to focus on core businesses such as smartphones and semiconductors, amid growing speculation about its strategic direction.
