The 2024 IFA (Internationale Funkausstellung Berlin) showcased a range of innovative consumer electronics, emphasizing advancements in design and technology from over 1,800 global companies, particularly from China. Key Chinese brands like Hisense, Midea, and Haier highlighted their growth in the European market, with Haier holding a 9.1% market share after eight years of rapid expansion. Chinese companies are adapting to European consumer needs through innovation and localization strategies, such as developing solar energy storage systems for German consumers and partnering with local brands, like Hisense's collaboration with Volkswagen. These strategies have allowed them to enhance products' intelligence and sustainability. The competition between Chinese and European firms is fostering healthy innovation, with both sides learning from each other. Companies like Miele and BSH acknowledge the competitive challenge posed by larger Chinese firms but recognize the potential for collaborative growth in the evolving consumer electronics landscape. #MotiveAsia #China https://lnkd.in/dRR_qjqA
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At the 2024 IFA in Berlin, Chinese brands showcased innovative technologies in consumer electronics, highlighting advancements in artificial intelligence, sustainability, and design. Over 1,800 companies participated, with prominent displays from Chinese firms like Haier, Hisense, and Midea. Haier's interactive smart appliances exemplified their rapid growth and market adaptation in Europe, holding a 9.1% share. Industry leaders noted that Chinese companies leverage speed in development and localization strategies to meet European consumer demands, including tailored products and partnerships with local brands. This competition fosters innovation, with established European companies recognizing both challenges and opportunities presented by their Chinese counterparts. Collaborative efforts are enhancing local supply chains and job creation, suggesting a mutually beneficial future for both markets. #MotiveAsia #China https://lnkd.in/d2vHnekX
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Adaptability and Innovation!! South Korea transformed into a technology-savvy nation through strategic investments in education, infrastructure, and innovation. Post-Korean War, it prioritized education, reducing illiteracy from 78% to 4% within a decade. For example, LG Electronics began as a cosmetic company, Luk- Hui, with its first product, the Lucky Facial Cream, launched in 1947. This cream was pivotal in establishing the brand, which later expanded into various sectors, including electronics and household goods. Over the years, LG evolved into a global leader in the tech industry & electronic goods. In 1958, the company expanded into electronics under the name Goldstar. By 1983, it merged the two brands into "Lucky Goldstar." To enhance its global presence and simplify branding, it rebranded to "LG" in 1995, which is also associated with the slogan "Life's Good. South Korea's industrial strategy significantly influenced LG's evolution into a global company. The government's focus on export-driven growth and technology development provided a supportive environment for LG's expansion. Policies encouraged innovation and infrastructure development, allowing LG to invest in research and development, particularly in electronics and chemicals. Today, LG is a major global technology leader with operations in electronics, chemicals, and telecommunications LG's ability to adapt to market changes and invest in new technologies, such as AI and eco-friendly products, has kept it competitive and relevant in the global market. This is lessons to be learned by every leader. The world is changing very fast. #adaptability #innovation
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Talent Acquisition l Ex- Collabera l President's club winner - 2023 | Although I don't frequently stalk profiles, when I do, I most likely have a job opportunity for you. Want to connect?
Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Accelerating DEI at Leadership | Talent Acquisition Leader | IT, Digital Marketing, Creative, Business & Strategy Mgmt | Possibly your future colleague :)
Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Human Resource Professional | Talent Acquisition Specialist | Recruitment Expert | Sharing insights on #Hiring, #Headhunting, #Interviewing, #SalaryNegotiation, and #TalentAcquisition
Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Check out our Malaysia Country Head's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Tech Recruitment Specialist | Hiring DevOps Engineer, Mobile Developer and many more!
Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Associate Recruitment Manager @ Horizontal Talent | Recruitment , Account Management , IT Recruitment , Creative and Functional Recruitment
Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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