dyson points to an autonomous future as growth continues - rate air purifiers

Dyson Ltd. , best-
As we all know, as a manufacturer of vacuum cleaners, manual vacuum cleaners and air filters, revenue has surged due to demand in Asia and shows an increasing shift in developing autonomous products.
Founder James Dyson saidK. company --
Based in rural England-
Its "center of gravity" has tilted towards Asia, where revenue grew for nearly three quarters last year.
Revenue grew by 40% to 3.
5 billion ($4. 8 billion)
In a statement on Thursday, the company said in 2017, although profit before interest, taxes, depreciation and amortization increased by 27% to £ 0. 801 billion over the same period last year.
Continued growth will help fund the company's bid to build electric vehicles by 2020.
Dyson revealed plans in September to initially invest £ 1 billion to develop the project.
The company has promised to spend the same amount on solid
Dyson expects overall spending on national batteries to increase.
Dyson declined to comment on any details of the car, but hinted that a range of autonomous technologies, such as the company's 360-
Degree camera currently used in robot vacuum.
"We are trying to build products that automatically complete tasks," he said . " He added that he wants to speed up the autonomous operation of the company's products, for example, there is no need to manually turn them on or off.
The company has not yet decided where to produce this vehicle in the US locationK.
Asia is also under consideration.
Number of Dyson staff in the past year
The National battery technology has doubled and the company is looking to fill more than 300 vacancies to develop the new car.
Dyson said the company has also shifted its expertise and now employs more employees with software skills than traditional hardware priorities.
One area of particular emphasis, he said, is those with an artificial intelligence background, but finding someone with enough skills in this area "is a big problem ".
Although much of Dyson's attention last year was focused on cars, the company launched a new version of cordless vacuum and plans to announce new products next week.
Dyson's success in Asia comes largely from its range of air purifiers.
On January, the company announced a partnership with a Chinese standard group and noted in its 2017 performance that,
City purifiers for sale.
The company said in a statement that Jim Rowan took over as chief executive after former President Max Kanzer left office in October and is now permanently based in Singapore.