SEOUL, Jun. 3 (Korea Bizwire) – LG Electronics is introducing a new refrigerator brand called STEM that directly connects to a water line to produce purified water and ice. The company plans to expand the STEM lineup to more than half of its premium French-door refrigerator models and position it as a driving force for its [...]
SEOUL, July 7 (Korea Bizwire) — Refrigerated shelves at convenience stores are often set to excessively low temperatures, leading to significant energy waste, a consumer advocacy group said Thursday. The Korea Consumer Agency examined the temperature settings of refrigerated display stands in 60 convenience stores nationwide. Among these, 56 stores had set their temperatures below [...]
SEOUL, Sept. 2 (Korea Bizwire) — The Ministry of Food and Drug Safety said Thursday it will begin a trial that involves adding doors to open display cases used to showcase refrigerated foods. Lotte Super, a supermarket chain of South Korean retail giant Lotte, will be installing doors on its refrigerated display cases at a [...]
SEOUL, Oct. 26 (Korea Bizwire) — LG Electronics Inc. said Monday it has signed a patent licensing deal with Sweden-based home appliance maker Electrolux AB that covers ice-making technologies for French-door refrigerators. Under the agreement, Electrolux will be able to produce and sell French-door refrigerators using patented technologies developed by LG. The value of the [...]
SEOUL, May 14 (Korea Bizwire) — South Korea’s home appliance makers are entering a heated battle over refrigerators with water dispensers after they recently released products highlighting advanced sterilization systems and smart control solutions. LG Electronics Inc., Samsung Electronics Co. and Winia Dimchae Co. are all vying for the top position in the segment. LG [...]
SEOUL, March 15 (Korea Bizwire) – Refrigerators with the freezer on the bottom and refrigerator on top – also known as ‘European style’ – are becoming popular in the Korean market due to the increase in single or two-person households, and strong demand for premium products. According to industry analysts, sales of European-styled refrigerators manufactured [...]
SEOUL, Nov. 3 (Korea Bizwire) – Sales of kimchi refrigerators have shown a sharp uptick in the past year. The appliances, which have a typical replacement period of 10 years, are in high demand with an increase in the number of people moving due to soaring rental costs. According to Emart, total sales of kimchi [...]