Home appliance temperature sensor Wuhan manufacture accounts for 70% of the world

70% of the world's home appliance temperature sensors are manufactured in Wuhan and come from the new high-tech Electronics Co., Ltd. of China Labor Technology. Since 2006, the new high-tech companies have begun to tap into the home appliance temperature sensor market, relying on the core technology with independent intellectual property rights developed by the company's Ministry of Education's Sensitive Ceramic Engineering Research Center.

According to reports, the temperature sensor (scientific name is a negative temperature coefficient thermistor) is a commonly used component of household appliances, in the air conditioner, refrigerator, washing machine, rice cooker, water heater, microwave oven has its presence. Before 2006, domestic home appliance temperature sensors were dominated by Japanese and German companies.

Since 2006, the new high-tech companies have begun to enter the home appliance temperature sensor market by relying on the core technology with independent intellectual property rights developed by the Sensitive Ceramic Engineering Research Center of the Ministry of Education within the company. Their technical standards soon caught up with Japanese and German companies. With the low-cost advantages of Chinese manufacturing, Japanese and German companies quickly felt a strong competitive pressure. The market share of the new high-tech home appliance temperature sensor has risen sharply, rising to 70% of the world at the end of last year.

As a small giant in market segments, New Glory Corporation has the right to set prices. With the price of home appliances decreasing year after year, the price of their products is raised slightly each year. Last year, the output value reached 150 million yuan and realized a profit of 30 million yuan. In the first quarter of this year, the output value reached 120 million yuan and the profits doubled year-on-year.