Dyson to invest £1bn in battery technology thanks to profit surge
by Julia Kollewe from Technology | The Guardian on (#17RMH)
The British company, famous for bagless vacuums and bladeless fans, reports 20% rise in profit thanks to tripling Chinese revenue
Dyson, the British company famous for its bagless vacuum cleaners and bladeless fans, is planning to ramp up investment into new longer-lasting batteries after reporting a 20% rise in profits thanks to a tripling of revenues in China.
Dyson said its growth in 2015 was driven by battery-powered purifiers, fans and vacuum cleaners, with Asia overtaking Europe to become its biggest market.
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