SEOUL, Aug. 2 (Korea Bizwire) — LG Electronics Inc.’s front-load washing machine has been recognized as “the best front-load washer” by a U.S. consumer advocacy magazine. In the “Best Front-Load Washers–and the Worst” ratings announced by Consumer Reports, LG’s front-load washers claimed the top four positions, earning 85 to 87 points. Consumer Reports noted that [...]
SEOUL, Nov. 6 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will make a full-fledged effort to penetrate deeper into the business-to-business washer industry and release products optimized for corporate clients. The South Korean tech giant said the decision comes as the local market for commercial washers is expected to grow 50 percent annually [...]
SEOUL, Dec. 15 (Korea Bizwire) — South Korean washers are receiving top-notch reviews from U.S. tech evaluators, industry watchers said Friday, amid actions being taken by Washington’s trade watchdog to slap tariffs on some products. U.S.-based industry tracker Reviewed said in its latest report that LG Electronics Inc.’s washer with the model name LG WM9000HVA [...]
WASHINGTON, Nov. 21 (Korea Bizwire) — A United States trade panel on Tuesday called for import restrictions on South Korean washing machines to improve the standing of domestic rivals. The U.S. International Trade Commission said it is recommending a 50 percent tariff rate on large residential washers built by Samsung and LG, and exceeding a [...]