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Smart home devices are becoming increasingly popular in China, with shipments of these devices expected to reach 540 million units in 2025. Global shipments of smart home devices declined for the first time in 2022, but are expected to grow modestly in 2023. China has become the world’s largest consumption market for smart home devices, with Chinese home appliance manufacturers leveraging 5G, AI and IoT technologies to promote the upgrade and iteration of products. Haier Smart Home has built a 5G-powered IoT ecosystem.
