Dirk Fricke, global operations president of DAIKO Group, visited the Qingdao Area of the China (Shandong) Pilot Free Trade Zone, also known as Qingdao FTZ, on March 12. Zhang Yunqing, deputy director of the China-Germany Eco-Park Management Committee, along with local officials, attended the meeting.
Fricke detailed the progress of DAIKO (Qingdao) production base, which has been operational since July 2023. The company has completed four SMD production lines, incorporating advanced technology like intelligent testing and thermal riveting assembly.
Photo of Dirk Fricke, global operations president of DAIKO Group, with local officials. [Photo provided to chinadaily.com.cn]
With output exceeding 100 million yuan ($13.81 million), DAIKO plans to double output by adding a fifth SMD production line this year, strengthening its leadership in control systems for white goods.
Fricke praised the zone's policy support, industrial coordination, and business environment. He emphasized DAIKO's commitment to investing in the park and advancing local technology development, providing customized solutions for global leaders like Haier and Hisense. This will further enhance Qingdao's competitive edge in the smart home appliance manufacturing.
Qingdao FTZ will continue to refine its smart home appliance ecosystem, offering targeted support in areas such as R&D, talent development, and international collaboration, to drive the industry towards higher-end and global growth.
China (Shandong) Pilot Free Trade Zone Qingdao Area
