China manufacturing market news updates in December

1. The total profit of China’s home appliance industry was 107.23 billion RMB, with a yoy increase of 12.5%.

According to data released by the Ministry of Industry and Information Technology on December 11, in the home appliance industry, from January to October 2019, the national household refrigerator output was 71.109 million units with a year-on-year(yoy) increase of 3.8% ; the room air conditioner output was 18.83317 million units with a yoy increase of 6.2%; the output of household washing machines was 63.415 million units with a yoy increase of 7.6%. From January to October 2019, the national household appliance industry's operating income was 1323.08 billion RMB, an increase of 4.2% year-on-year; the total profit was 107.23 billion RMB, with a yoy increase of 12.5%.

2. Pengcheng Electric Taxi Company and AutoX to launch driverless taxis in Shenzhen

Pengcheng Electric Taxi Company (Pengcheng Electric)and AutoX formally reached a strategic cooperation on the unmanned RobOTaxi commercial landing research. Pengcheng Electric will provide brand operation and management experience, and AutoX will provide RoboTaxi platform to jointly promote the large-scale commercial operation of pure electric driverless RoboTaxi in Shenzhen.

3. The first 5G IoT central air conditioner was made out by Haier

Following the release of the industry's first "5G central air conditioner" using NB-IOT technology in March, recently, air-conditioner giant Haier has again launched its first "5G IoT central air conditioner" using LTE / LTE-U technology. At the same time, Haier also released five major application scenarios of 5G IoT central air conditioner: smart home air scenarios, smart office air scenarios, IoT efficient machine room scenarios, smart heating scenarios and shared air conditioner scenarios.