HVAC Archives | Be Korea-savvy

LG Electronics Scales Back ESS Business to Focus on HVAC Amid AI Boom

SEOUL, Jan. 16 (Korea Bizwire) — LG Electronics is scaling back its nearly decade-long energy storage system (ESS) business to concentrate on its rapidly growing heating, ventilation, and air conditioning (HVAC) segment, bolstered by the global surge in artificial intelligence (AI). Industry sources on January 16 revealed that LG’s Eco Solution (ES) Business Division recently rebranded its [...]

LG Electronics Partners with Alaskan Universities to Develop HVAC Products

SEOUL, Nov. 6 (Korea Bizwire) — LG Electronics Co., South Korea’s No. 2 home appliance maker, said Monday it has partnered with universities in the U.S. state of Alaska to develop high-performance heating, ventilation and air conditioning (HVAC) products that operate efficiently in extreme cold conditions. The company said it has formed a consortium with [...]