SEOUL, Oct. 17 (Korea Bizwire) – With several high profile controversies over toxic chemical content and high electromagnetic wave emissions in Korean products, domestic consumers are flocking to European options instead, in search of safer goods. Italian home appliance brand Imetec saw sales rise by 629 percent in September compared to September 2015, mainly driven [...]
SEOUL, Sept. 19 (Korea Bizwire) – Korean medium-sized household appliance manufacturers, whose operations once relied heavily on China, are now making progress in Southeast Asian countries. Coway, best known for its water purifiers, recently announced its “Vision 2017” plan in Malaysia, which includes its ambitious goal to accrue 600,000 customer accounts by 2017. With its [...]
SEOUL, July 27 (Korea Bizwire) – Samsung Electronics Co. raised its share of the U.S. home-appliance market for the second quarter of this year, widening its lead over competitors, according to a market estimate on Wednesday. Samsung accounted for 16.7 percent of the U.S. market for five major household appliances — refrigerators, washing machines, ovens, [...]
SEOUL, Jun. 8 (Korea Bizwire) — Wireless and portable home appliances are pouring into the market as Koreans are spending more time on outdoor activities such as camping and cycling. LG Electronics recently launched a coke can-light beam projector called the ‘Mini Beam TV.’ About 5,000 of the devices were sold in April alone, and [...]