China’s kitchen appliances market: what happens when new apartments stop coming

In 2025, Robam, a leading Chinese kitchen appliance maker, looked untouchable on paper: it sold about 31% of all range hoods and gas cooktops and consistently holds top-three share across major categories. Yet it also recorded its first year-on-year revenue decline since listing in 2010, with net profit down a fifth. That is the puzzle. […]

Over 82% of new homes in China utilize smart home systems

Homes in Chinese cities are getting smarter and smarter. From fingerprint locks to vacuum robots and smart pet sitters, big data and AI-based smart home assistance system is gradually entering the average Chinese households. Due to the fast-growing loT (internet of things) market, along with government support and the increasing awareness of advanced technology among […]