Companies aim to explore limits of technology
Whirlpool Corp, a US home appliance maker, has pledged to bring more of its latest high-tech products to China to cater to the increasing middle-income group in the country, whose growth is set to be one of the global economic megatrends of the coming decades.
Given increased consumption and Chinese consumers' pursuit of a high-quality lifestyle, the appliance market has evolved to a stage where products need to be customized and smart, said Samuel Wu, president of Whirlpool Asia.
Considering the fact that China's home appliance market has been stable for a while and will see more rapid growth in the future, Whirlpool said it is dedicated to offering more products of quality and value to consumers, including kitchen appliances and washing machines.