Dyson has today committed a $2.6 billion CAD investment to future technology, including a $1.7 billion CAD for the research and development of new product technologies. It is developing four new portfolios of technology and will launch 100 new products around the world in the next four years.
James Dyson, Founder and Chairman said: “Our growth is fuelled by technology and we are thinking long-term. 90 per cent of our technology is sold abroad, we’re quickly growing across Asia, and it’s phenomenal to think that we are now number one in the home of technology – Japan. It is like selling coal to Newcastle. But we must relentlessly invent – that’s why we are investing in our research footprint here in the UK and investing in our manufacturing capabilities in South East Asia.”