【Speed of change】Keeping up with rapid technological change requires significant R&D investment.

【Consumer Expectation】Meet consumers' growing expectations for smart, connected and energy efficient products.

【Product Life cycle】Short product lifecycles require frequent updates and new product launches.

【Safety Regulations】Ensure that products meet safety standards and avoid recalls and legal issues.

【Energy Efficiency】Adhere to strict energy efficiency standards and regulations.

【Environmental Regulations】Comply with regulations related to waste disposal, recycling and hazardous materials.

【Global Events】Trade disputes, geopolitical tensions and natural disasters can affect supply chains.

【Logistics challenge】Shipping delays, logistical issues and supply chain disruptions can affect timely delivery.

【Supplier Reliability】Over-reliance on a few key suppliers can create vulnerabilities and shortages.

【Price fluctuation】Fluctuations in raw material prices can make cost forecasting difficult.

【Purchase substitutes】Finding alternative materials or suppliers can be difficult and involve higher costs.

【Price competition】Fierce price competition could erode profit margins.

【Market saturation】High competition can lead to market saturation and reduce differentiation.

【Energy consumption】Develop energy-saving products to reduce overall energy consumption.

【Waste Management】Properly dispose of and recycle old appliances and manage e-waste.

【Sustainable materials】Use of environmentally friendly materials and resource procurement in the manufacturing process.