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Samsung, LG to Release New AI-based Air Conditioners This Month: Sources

Samsung, LG to Release New AI-based Air Conditioners This Month: Sources

SEOUL, Jan. 16 (Korea Bizwire) — South Korean air conditioner manufacturers will begin selling new air conditioners this month, well ahead of summer, promoting models with artificial intelligence (AI) and the Internet of Things (IoT) technology, industry sources said Tuesday. IoT is a concept in which objects are connected to the Internet and identify themselves [...]

Electricity Consumption Expected to Hit Record High This Summer

Electricity Consumption Expected to Hit Record High This Summer

SEJONG, Jul. 7 (Korea Bizwire) — South Korea’s electricity consumption is expected to hit a record high this summer as the sweltering heat is expected to boost demand for air conditioners and fans, the state-run power market said Friday. The maximum electricity usage will likely reach a record 86.5 million kilowatts during the summer season, [...]

Gov’t to Fine Stores for Leaving Doors Open with Air Conditioners on

Gov’t to Fine Stores for Leaving Doors Open with Air Conditioners on

SEJONG, Aug. 9 (Korea Bizwire) – As part of energy-saving measures, the government will levy a fine of up to 3 million won (US$2,711.4) on shops, restaurants and other businesses that are caught leaving their front doors open with the air conditioning on, officials said Tuesday.  The crackdown against wasteful air conditioning started earlier in [...]

Samsung Rolls out Portable Cooler, “Coolpresso”

Samsung Rolls out Portable Cooler, “Coolpresso”

SEOUL, June 10 (Korea Bizwire) – Samsung Electronics introduced a small-sized portable cooler with which people can enjoy cool air conveniently anywhere with an electric plug. Samsung’s portable cooler “Coolpresso” is an innovative air-conditioner without an outdoor unit and people can use it anywhere if there is electricity. The Coolpresso adopts the mini digital inverter [...]