US EditionLG Electronics to Work with Saudi Arabia to Develop HVAC Solutions for High-Temperature Regions
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LG Electronics to work with Saudi Arabia to develop HVAC solutions for high-temperature regions
LG Electronics, Korea's leading home appliance maker, said Sunday it will join hands with Saudi Arabia to develop heating, ventilation and air conditioning (HVAC) solutions for regions prone to extreme heat. LG Electronics has decided to conduct a joint research project on developing HVAC technologies that deliver high-efficiency and high-performance even under extremely high temperatures with Saudi's major home appliances company Shaker Group a…
LG Electronics Q2 operating profit down 46.6 pc due to rising tariff
Seoul, July 7 (SocialNews.XYZ) LG Electronics, a leading home appliance manufacturer in South Korea, said on Monday its second-quarter operating profit is estimated to have plunged over 46 per cent from a year earlier due to rising logistics and tariff costs. Operating profit for the three months ended in June came to an estimated 639.1 billion won (US$467.2 million), down 46.6 percent from a year earlier, the company said in a regulatory filing…
[Digital Daily Ok Song-i] LG Electronics (CEO Cho Joo-wan) is embarking on the development of an HVAC (Heating, Ventilation and Air Conditioning) solution that implements high efficiency and high performance even in high-temperature environments. On the 3rd (local time), LG Electronics announced in Riyadh, Saudi Arabia, that it had decided to conduct joint research on HVAC technology optimized for so-called ‘scorching zone’ environments, such a…
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