Smart home tech makes inroads into China's emerging elderly care market [Reuters]
CHINA MOBILE (CHL)
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Source: Reuters
Smart home tech makes inroads into China's emerging elderly care market - Reuters 7 Min Read WEIFANG, China (Reuters) - Charging elderly clients just 1 yuan or about 15 cents a day, little-known Lanchuang Network Technology Corp has embarked on one of the most ambitious undertakings in aged care by a private sector firm in China. Provided with a setup box, a webcam paired with a TV set and “Xiaoyi”, a Siri-like voice assistant, customers gain access to telemedicine and an SOS system as well as for-pay services that include housekeeping and meal deliveries. A small robot that can ring up a medical center in response to verbal calls for help costs an extra 2 yuan per day. Launched just four months ago, Lanchuang’s smart care system has already signed up 220,000 elderly clients in 16 cities, half of which are in Shandong, a rapidly aging province in eastern China where the company is based. It is targeting as many as 1.5 million users this year, 12 million next year and 30 million in 202
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