Most of the white home appliances such as air conditioners, refrigerators, washing machines, and televisions that were once common in the Chinese market were manufactured by Japanese companies. For example, representative companies of air conditioners, Gree and Midea occupied the

Most of the white home appliances such as air conditioners, refrigerators, washing machines and televisions that were common in the Chinese market were manufactured by Japanese companies.

Have you noticed recently that most of the electrical appliances used at home are replaced by domestic companies? For example, representative companies of air conditioners, , Gree, and Midea occupied the domestic market share in 2021. Gree reached about 36%, followed by Midea with about 33%, and the two giants together accounted for about 70%. market share.

The refrigerator market is basically occupied by domestic companies. Representative companies include Haier and Midea. Their refrigerators have maintained a leading advantage in domestic sales all year round, and there are a number of other rising stars that have been following closely behind.

Washing machines are basically owned by Little Swan and Haier, which account for half of the sales in the domestic market. The sales ratio of these two major companies has certain advantages over the following pursuers.

Above we pointed out that the mainstream home appliances in the domestic market have been replaced by domestic companies. Has our company surpassed the old Japanese home appliance manufacturers? In fact, this is not the case, because the core components of our company still need to be imported, such as the core components of air conditioners, compressors, especially some high-end air conditioner compressors that use compressors from Panasonic, Hitachi, and other companies. .

It’s not that these Japanese home appliance companies are incompetent, it’s because they were awakened by the Japan-US trade war and they know that they cannot stand up to the US imperialism. Just like during the Japan-US trade war, Japan's semiconductor technology had the momentum to catch up with American semiconductor companies. When the United States saw how this was going, they directly used state machinery to suppress it.

Japanese corporate giants have become smarter now. I don’t want to be in the limelight, I can relax my body, I specialize in the core components of products, and I can still make a lot of money. Instead of taking the lead, and risking being blocked, they might as well concentrate on making core components, hiding in the product without showing any signs of it, and they will still be very competitive when they really want to compete with you. These are the Japanese home appliance giants that we cannot see, but they are also very competitive in the world.