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LG Electronics to Tap Deeper into Chiller Market

LG Electronics to Tap Deeper into Chiller Market

SEOUL, Jun. 28 (Korea Bizwire) — South Korean electronics firm LG Electronics Inc. said Wednesday it plans to tap deeper into the global chiller market currently dominated by U.S. rivals. The South Korean tech giant said the chiller market could become a new growth engine for its air-conditioning business, claiming that its sales will grow [...]

Air Conditioner Sales Rise Sharply amid Early High Temperatures

Air Conditioner Sales Rise Sharply amid Early High Temperatures

SEOUL, April 27 (Korea Bizwire) – Sales of air conditioners and electric fans rose sharply this month from a year earlier, industry sources said Thursday, amid above-average temperatures that can be a sign of a hot summer to come.  Lotte HiMart, a consumer electronics retailer, witnessed a whopping 180 percent increase in the sales of [...]

Gov’t Aims to Install Air Conditioners at All Military Dorms

Gov’t Aims to Install Air Conditioners at All Military Dorms

SEOUL, Aug. 24 (Korea Bizwire) – South Korea’s finance minister on Wednesday said the government plans to install air conditioners at all military barracks and police dormitories, adding it will allocate more funds toward improving conditions at such facilities.  Finance Minister Yoo Il-ho said the government has allocated 63 billion won (US$56.2 million) of next [...]

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 [...]

Kim Yuna’s Samsung Music Videos Go Viral

Kim Yuna’s Samsung Music Videos Go Viral

SEOUL, April 4 (Korea Bizwire) – Samsung Electronics recently revealed a series of promotional videos for its new Q9500 ‘no-wind’ air conditioner featuring figure skater Kim Yuna. The new product keeps room temperature pleasant without producing wind. There are three parts to the video series – ‘no-wind air conditioning’, ‘no-wind dehumidification’, and ‘no-wind air purifying’. Each of [...]

Seoul to Paint Rooftops with Thermal-Barrier Paint for Energy Efficiency

Seoul to Paint Rooftops with Thermal-Barrier Paint for Energy Efficiency

SEOUL, Jun. 22 (Korea Bizwire) — Seoul has launched a campaign for its ‘Cool Roof’ project, in which the city will paint roofs with thermal-barrier white paint for free, to mitigate the heat island effect and save energy. In the summer, roofs absorb heat and eventually lead to temperature increases inside buildings, causing air conditioning [...]

Samsung Electronics to Open ‘Forest of Wind’ at Seoul Grand Park

Samsung Electronics to Open ‘Forest of Wind’ at Seoul Grand Park

SEOUL, South Korea, Aug 19 (Korea Bizwire) – Samsung Electronics hosted a tree planting ceremony and concert to celebrate the cultivation of the ‘Forest of Wind’ at Seoul Grand Park in cooperation with the Korea Energy Management Corporation (KEMCO) on August 17. Officials from both companies and Seoul Grand Park, and figure skating star Kim [...]