James Dyson, a founder of Dyson Ltd., shows a new robotic vacuum cleaner, called "Dyson 360 Eye," in Minato Ward, Tokyo. Photo: AFP, The Yomiuri Shimbun

The Financial Times reports that UK appliance manufacturer Dyson at least tripled its revenue last year in each of China, Indonesia and the Philippines.

The growth spurred a 41% rise in profits in 2016, as the company continues its expansion drive, with recent investments of more than US$3 billion.

Founder Sir James Dyson says the company’s efforts to develop new technologies has paid off and is responsible for their recent gains.

Asia Times Financial is now live. Linking accurate news, insightful analysis and local knowledge with the ATF China Bond 50 Index, the world's first benchmark cross sector Chinese Bond Indices. Read ATF now.