Home appliances
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We include updates on BPL Group, Panasonic, Samsung Electronics, IKEA, Siemens, Philips, TCL Technology, Gaggia, Toaster, Personal computer, BBK Electronics, Hisense, Hitachi, Microwave oven, Haier, Refrigerator ... and more.
May 2025 |
Samsung Electronics
Harman (owned by Samsung) agreed to acquire additional audio brands including Bowers & Wilkins, Marantz, Denon, Polk Audio, Definitive Technology, Classé, HEOS, and Boston Acoustics from Masimo's consumer audio business.
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March 25 2025 |
Samsung Electronics
Co-CEO Han Jong-hee passed away by cardiac arrest. Jun Young-hyun, recently appointed as a CEO, became the company's sole leader.
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2025 |
Air conditioning
Market projections indicate PDRC technologies are expected to reach approximately $27 billion in market size for indoor space cooling.
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2025 |
Samsung Electronics
Samsung became the largest shareholder of South Korea's Rainbow Robotics.
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January 2025 |
Samsung Electronics
Samsung Electronics was ranked first in the 'Best Global Brands' by YouGov market research firm.
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January 2025 |
Personal computer
Global PC shipments grew 9.4% year-over-year to 62.7 million units, with AI-capable PCs projected to reach 100 million units.
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2024 | Became a sponsor for La Liga football team FC Barcelona. |
2024 | Charlotte Hanneman begins her term as Philips CFO, continuing to present |
2024 | Haier sent cease and desist letters to open-source projects hOn and pyhOn, which had developed an add-on for Home Assistant to control appliances without Haier's 3rd-party cloud service. |
2024 | Slight revenue decrease to €75.9 billion, but net income further increased to €9.0 billion, with employee count growing to 327,000 |
2024 | VIDAA became the second most installed smart TV operating system, highlighting its rapid growth and market penetration. |
2024 | Hisense launched a range of projector models including the C2 Pro, PL2, C2 Ultra, and PX3-PRO, showcasing the company's continued innovation in home projection technology. |
2024 |
Samsung Electronics
Samsung Electronics lost its #1 position in both global smartphone shipments and semiconductor sales, marking a significant shift in its market standing.
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2024 |
Samsung Electronics
Samsung demonstrated Ballie, an AI-powered home robot at CES 2024, designed to assist with daily tasks and integrate with smart home appliances.
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December 31 2024 | The Yate manufacturing plant, which had been in operation for 104 years, was permanently closed, resulting in 142 redundancies and ending tumble dryer production in the UK. |
November 2024 | Haier announced a three-year partnership with the Australian Open, expanding its global sports sponsorship and brand visibility. |
October 2024 | The lawsuit regarding SharkNinja's frying pan advertisement claims was dismissed without prejudice. |
October 2024 | Beko Europe announced the closure of the Yate manufacturing site, the last remaining Hotpoint manufacturing site in the UK. |
October 2024 | Acquired Carrier Commercial Refrigeration from Carrier Global for $775 million. |
October 30 2024 | Hisense announced as the first official partner for the 2025 FIFA Club World Cup. |
September 2024 | IKEA innovated its marketing strategy by transforming everyday windows into out-of-home advertising spaces. |
September 17 2024 | Philips announced the introduction of the 160cm FDA-approved LumiGuide endovascular navigation wire, marking the 1000th patient treated with its 3D device guidance technology. |
August 2024 | Hisense partnered with Black Myth: Wukong game makers, introducing an exclusive picture mode for selected TV models. |
August 2024 | IKEA announced the launch of IKEA Preowned, an online marketplace for buying and selling pre-owned IKEA items, initially trialing in Oslo, Norway and Madrid, Spain from August to December 2024. |
August 1 2024 |
Samsung Electronics
The strike concluded under institutional pressure and declining worker participation, though the union declared its intention to continue fighting for its demands through alternative tactics.
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July 2024 | Sharp sponsored the Formula Ethara team 'Jack-O-Racers' for their competition. |
July 8 2024 |
Samsung Electronics
The planned 3-day strike was converted into an indefinite strike due to lack of response from management.
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July 1 2024 |
Samsung Electronics
The union announced a planned 3-day strike from July 8-10, with the majority of workers from manufacturing states and in-production development participating, after negotiations continued to fall short.
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June 2024 | Hitachi became the fourth largest company in Japan by market capitalisation, reflecting significant improvement in profitability since 2010. |
June 5 2024 |
Samsung Electronics
The National Samsung Electronics Union announced their first historic strike, involving approximately 28,000 workers scheduled to begin on June 7, demanding a 6.5% wage increase after failed negotiations.
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April 2024 |
Samsung Electronics
PricewaterhouseCoopers ranked Samsung Electronics 21st on their global top 100 companies by market capitalization.
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April 2024 | A security firm discovered security vulnerabilities in tens of thousands of LG smart TV models running WebOS versions 4 to 7, which could potentially allow hackers to hijack the devices. |
April 2 2024 | Whirlpool completed a merger with Arçelik A.Ş. to create Beko Europe B.V., a new European appliance company with Whirlpool owning 25% and Arçelik owning 75%. |
March 2024 | Siemens announced the creation of a new £100m digital engineering facility in Wiltshire, UK, aimed at replacing its existing rail infrastructure factory in Chippenham with a new research and development centre, expected to open by 2026. |
March 18 2024 | Whirlpool was replaced by Supermicro in the S&P 500 due to a significant decline in market capitalization from $14.2B in late 2021 to less than $6B in March 2024. |
February 2024 | Britain's antitrust regulator provisionally cleared the Arcelik and Whirlpool business combination deal. |
January 2024 | Philips agreed to halt sales of new sleep apnea devices in the US as part of an FDA agreement, with CEO Roy Jakobs indicating the manufacturing plant compliance process could take five to seven years. |
January 2024 |
Samsung Electronics
Samsung Electronics' ownership composition reveals diverse shareholders, with public shareholders holding around 44%, institutional investors 38%, and insiders 4%.
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2023 | Philips ranked 7th globally in the WIPO's annual World Intellectual Property Indicators with 294 industrial design registrations published under the Hague System. |
2023 | Philips announced plans to cut 6,000 jobs worldwide over two years, in addition to a previous 4,000-person staff reduction, after reporting €1.6 billion in losses during the 2022 financial year. |
2023 | Haier significantly increased its revenue in Russia, reportedly more than 1.5 times compared to the previous year, despite global calls for corporate responsibility. |
2023 | Siemens announced a partnership with Nvidia to leverage Nvidia's Omniverse platform with Siemens' 3D design capabilities. |
2023 | Siemens invested €6.1 billion in research and development, with approximately 46,900 employees dedicated to R&D and holding around 43,600 patents worldwide. |
2023 | Reported a revenue of €77.7 billion, marking an 8% increase from the previous fiscal cycle. |
2023 | CEO Roland Busch announced the strategic aim to raise software businesses sales share to 20% in the long term. |
2023 | Grundig Intermedia merged with Beko to form Beko Grundig Deutschland GmbH, which was later renamed Beko Germany GmbH and relocated to Eschborn in the Frankfurt metropolitan area. |
2023 | BBK Electronics restructured its major brands—Oppo, OnePlus, and Realme—into independent entities to mitigate potential regulatory challenges and enhance operational autonomy. |
2023 | Hisense ranked as the world's fourth-largest TV manufacturer by market share in the first half of the year. |
2023 | Dyson filed a patent infringement lawsuit against SharkNinja related to a hair styler, seeking an injunction to block sales of the Shark FlexStyle range and its attachments. |
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This contents of the box above is based on material from the Wikipedia articles Haier, IKEA, Hotpoint, LG Electronics, Siemens, Grundig, Personal computer, BBK Electronics, Philips, Samsung Electronics, Air conditioning, Hisense, Dyson (company), SharkNinja, Sharp Corporation, Hitachi & Whirlpool Corporation, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.