Midea says its 10 billion yuan hub is also for innovations

Midea Group Co. said its 10-billion yuan (HK$11.7 billion) factory and research centre in southern China will become the hub for developing the next generation of smart electrical appliances that use artificial intelligence, in addition to producing robots and automatons. The company, based in Foshan city in Guangdong province, has already combined the product teams responsible for water heaters, air conditioners, kitchen appliances into the new hub since the end of 2015, Midea said in an email to the South China Morning Post. The centre will conduct research and development in fields such as artificial intelligence, mechanics, materials, water treatment and nutrition, Midea said. In an August 1 notice, the Shunde district government in Foshan announced Midea’s plan to build a factory and innovation centre on a piece of land…

Link to Full Article: Midea says its 10 billion yuan hub is also for innovations

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