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Chinese home appliance maker Gree aims to turn out its own chips

Chairwoman Dong Mingzhu sees smart homes as key to tripling revenue by 2023

Dong Mingzhu, chairwoman of Gree Electric Appliances, said smart homes are key to the company's growth. (Photo by Akihide Anzai) 

BEIJING -- China's Gree Electric Appliances, the world's biggest maker of air conditioners, is preparing to enter the fiercely competitive "smart home" market.

Dong Mingzhu, Gree's chairwoman, told the Nikkei Asian Review in an interview on the sidelines of this year's meeting of China's National People's Congress that the company must produce its own computer chips to improve the quality of its products.

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