Xiaomi is a China-based company and has a large presence in the highly competitive Chinese market. Panasonic is a Japanese company with a strong presence in the highly competitive Japanese market. And they collaborate together To get a good share from the Chinese air conditioning industry.
Guangzhou Panasonic Air Conditioner Co., Ltd. at the 2023 Xiaomi IoT Ecology Partner Conference yesterday. President Jin Hailong made a presentation and talked about the ecological cooperation between Panasonic and Xiaomi IoT (Internet of Things). Panasonic is finally entering the Xiaomi ecosystem and together they are developing the air conditioner of the future.
Xiaomi and Panasonic’s cordial agreement
An agreement that, according to Hailong, has been slightly extended over the past five years Panasonic and Xiaomi have been discussing HVAC cooperation since 2018. but it was not closed until this year, which took 5 years in total, although it has now become a reality.
on June 30 Panasonic and Xiaomi announced their partnership to produce and develop air conditioners. We hope to capture some of the Chinese market, the largest in the world. Panasonic plans to gradually transfer some of its production of home air conditioners for the Japanese market from China’s Guangzhou to Japan’s Shiga Prefecture in the current fiscal year and use the new capacity freed up in its factory. As an original equipment manufacturer.
A competitive market
According to data from Nikkei media, China’s air conditioning market “Dominated by device manufacturers such as Midea Group and Gree Electric”. And even though he’s a newcomer, Xiaomi differentiated itself by producing temperature-adjustable air conditioners It hopes to continue to grow by developing new technologies with Panasonic that can be regulated by smartphones and smart speakers.
Within the scope of the recently announced strategic cooperation agreement, Companies will also join forces in technological development. Both have collaborated on products such as air conditioners with purification functions, Xiaomi “Super Energy Saving”, but they are also planning other features such as Internet connectivity.
The first Xiaomi air conditioner produced by Panasonic was introduced in August this year, and the first Xiaomi refrigerator produced by Panasonic was introduced in September this year. in the futureThe two parties will cooperate in various categories of home appliances.
via | HelloXiaomi/Nikkei Asia
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