Being an OEM is like being a peasant counting on a good year of rain. Why shouldn't we build our own brands, lower the price a bit and offer products that have the same quality as foreign brands.

Terry Wu

Categorized in : Business

We think there are great opportunities in China. The penetration rate of robotic vacuum cleaners in the U.S. market is 17%, while in China it's only 1.5%, at the end of the day, there are more than 1 billion people here.