dyson posts $1.1 billion profit driven by asian demand for its tech - whole house air purifier

by:Yovog     2022-11-12
dyson posts $1.1 billion profit driven by asian demand for its tech  -  whole house air purifier
LONDON (Reuters)-
Dyson, the British company that reshaped the vacuum, said it generated a record 0. 801 billion pounds in revenue ($1. 10 billion)
Asian consumers bought more batteries last year.
Power technology to clean the surface and air of the house.
Founder James Dyson said Asians "have an extraordinary passion for technology that can work," with 73% of the company's growth in 2017 coming from mainland Asia.
Dyson technology calls for rapid development in Asia
The growing middle class favors its high-end products
The price of the hair dryer is very high, he said.
The company said turnover rose 40% to 3.
He said the 5 billion was also lucky to ride the peak of a wave of concerns about home pollution from air purifiers.
Shanghai has more environmental products than anywhere in the world.
But the vacuum cleaner, Dyson used his bag-free double.
The cyclone in the 1990 s is still the biggest source of profit.
"Our emphasis on vacuum cleaners has gone from the main-
The electric vacuum cleaner you pull and push-
Cylinders and columns-
He told reporters.
"We have stopped the development of the trunk line --
Because we think the future is a battery machine.
The company, which produced 100 million machines in 2017, said it was investing.
The £ 5 billion technology has put a lot of research into the campus of Malmsbury in southern England.
Last year, the company said it has been working on making electric vehicles for the past three years.
Dyson said that while he will not reveal what the battery is, he has not yet chosen the manufacturing location and he has chosen the battery for the car.
"It is possible for England. . .
But we are also focusing on the Far East . "
"I think we have to make cars where we make batteries.
"It is planned to start by 2020.
"We walked very well on this road," he said . ".
The company is-
House says he doesn't want to work with any major technology platform, although Amazon's Alexa digital personal assistant can control some robotic products.
"I prefer that our products automatically do what they do on their own rather than need control," he said . " The company has never shared any data, he added.
Dyson, a prominent supporter of Britain's exit from the EU, also said he did not see any significance in establishing a customs union with the EU.
"I want us to reach a trade agreement with anyone who wants to reach a trade agreement with US: Australia, India, Canada, Japan, China, etc," he said . ". ($1 = 0. 7263 pounds)
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