High temperatures have driven orders to surge, and many home appliance

Published: Jul 27, 2023 11:33

Save

High temperatures have driven orders to surge, and many home appliance companies have achieved impressive performance. According to the latest statistics, 35 listed home appliance companies have released their performance forecasts for the first half of 2023. Benefiting from the consumer recovery, summer high temperatures and e-commerce promotions, companies such as Changhong Meiling and Hisense Home Appliances have particularly impressive performance. Many new smart and green home appliances have become the driving force behind the performance growth of related companies. The black and small home appliance sector is in a state of recovery due to changes in consumer attitudes and consumption structure. Related companies focus on internal training, actively adjust product structure and marketing strategies, and deeply explore cost reduction space. Through intelligent and boutique new products, performance has steadily increased.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

48 mins ago

Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]

48 mins ago

1 hour ago

[ Canada to Impose 50% Retaliatory Tariff on US Steel ]

The Canadian government announced a 50% retaliatory tariff on United States exports of steel and aluminum, scheduled to take effect on September 8, 2026. The aggressive trade measure directly responds to the recent collapse of bilateral metal trade negotiations and the implementation of US tariffs. The cross-border penalties threaten to heavily disrupt integrated North American steel supply chains ahead of the fast-approaching deadline.

1 hour ago

[ Bharat Coking Coal Output Grows 2.8% in August ]

Bharat Coking Coal Limited (BCCL) announced that its coking coal production increased by 2.8% year-on-year to 2.18 million tonnes in August 2026. Despite a sharp 65.9% drop in non-coking coal output, the core metallurgical segment drove total raw coal production to 2.21 million tonnes for the month. Opencast mining operations were the primary contributors to this volume, generating 2.19 million tonnes of the total yield.

1 hour ago