Foreign appetite for Chinese stocks has been increasing so fast that cross-border trading in a number of companies through the Stock Connect schemes linking the mainland Chinese and Hong Kong…Read More
GE Appliances (GEA), a Haier company, announced a $62 million investment to expand production at its massive, 750-acre manufacturing complex in Louisville and the creation of 260 new jobs as…Read More
Electrolux said today it will report a smaller loss for the second quarter of 2020 than previously anticipated, with operating income estimated to be approximately SEK -100 million (1,219). This was driven…Read More
Fujitsu has expanded its range of R32 air conditioners with new ceiling-mounted and wall-mounted splits for the EU market. There are eight new ceiling mounted units covering cooling capacities of…Read More
Samsung Electronics Co Ltd said on Tuesday second-quarter operating profit likely rose 23% as solid chip sales to data centres bulking up in a work-from-home economy during the pandemic offset…Read More
LG Electronics on Tuesday announced its preliminary earnings for the second quarter of this year, beating forecasts by market watchers over concerns about sales falls during the COVID-19 outbreak. According…Read More
The HVACR industry has been debating how to handle replacing R-410A in comfort cooling equipment ever since the courts ruled in 2017 that the Environmental Protection Agency (EPA) did not…Read More
The number of countries to have ratified the Kigali Amendment edges close to 100 with the addition of Romania. Romania’s ratification brings the total number of countries to 98, and…Read More
The European Anti-Fraud Office’s crackdown on the illegal trade in HFCs has led to the seizure of 14 tonnes of illegal refrigerants at the port of Rotterdam. It has not…Read More
Signature Kitchen Suite is broadening its kitchen portfolio with four new product offerings. The 36- and 48-inch Pro Rangetops and Single- and Double-Wall Ovens with Steam Sous Vide will be…Read More
China-based panel maker China Star Optoelectronics Technology (CSOT) has decided to invest in Japan-based JOLED, in a bid to develop inkjet printing technology for production of OLED TV panels in…Read More
The growing popularity of organic light-emitting diode (OLED) televisions could be a big opportunity for LG Display, the sole producer of large-sized OLED TV panels, to recover its losses, according to…Read More
Europe’s No. 1 home appliances brand Beko is now in the Philippines. The market leader in the white goods space aims to empower the new Filipino generations to live healthier…Read More
Suddenly, the exclusive OLED market is getting pretty crowded. On the heels of Vizio revealing its OLED set this week, Xiaomi has now joined the party, with the Chinese electronics giant primed to unveil a new…Read More
Daikin Central Europe (DACE), which is responsible for 16 countries, has established a single source business units for its food retail and commercial refrigeration business by combining its Daikin and…Read More
