SEOUL, Dec. 31 (Korea Bizwire) — South Korean electronics giant LG Electronics Inc. has launched a drive to develop a commercial washing machine that can wash clothes using carbon dioxide instead of water. The commercialization of this technology has been virtually impossible in the country due to strict safety regulations. The Ministry of Trade, Industry [...]
SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s LG Electronics Inc. said Friday it recently purchased a stake in U.S. laundry startup Washlava and supplied it with washing machines and dryers. LG Electronics, however, didn’t disclose the level of its interest in the Tampa-based company, which operates smartphone-exclusive laundromats, or the amount invested. The electronics [...]
LAS VEGAS, Jan. 11 (Korea Bizwire) – LG Electronics Inc. will begin operation of its washing machine plant in Tennessee several months earlier than scheduled, a top company official said Wednesday, in an apparent move to better cope with possible U.S. safeguard measures. Jo Seong-jin, CEO of the South Korean tech giant, said the company had planned to begin the operation of the US$250 million plant in February 2019, but it [...]
SEOUL, Dec. 4 (Korea Bizwire) — Samsung Electronics Co. said Monday it plans to showcase a film on its QuickDrive washers under cooperation with a popular music composer, highlighting how its products can save users time compared with rivals. The company said the 66-minute film, “Washing Machine” will be showcased in London on Tuesday, with [...]
SEOUL, Oct. 18 (Korea Bizwire) – The Tromm Washer, equipped with AI-supported voice recognition capabilities, will be released by the end of this year according to LG Electronics, making it the company’s second appliance to recognize spoken commands after the Whisen Dual Air Conditioner was introduced into the market in July. Turning the machine on [...]
SEOUL, March 6 (Korea Bizwire) – Lockable refrigerators and special laundry cycles for local costumes, some of the unconventional product ideas tried by South Korea’s Dongbu Daewoo Electronics, have helped the company become a major hit in the Middle East, the firm’s officials said Sunday. The fridges with locks, launched in 1998, have sold 2 [...]
SEOUL, Oct. 28 (Korea Bizwire) – German appliance maker Miele said Friday its steam washing machines do not infringe patents issued by LG Electronics Inc., refuting the infringement claim by the South Korean electronics maker. The response by Miele came about a week after LG demanded Miele stop using the technology it created for steam [...]
SEOUL, Oct. 25 (Korea Bizwire) – South Korean home appliance maker LG Electronics Inc. has demanded that Miele stop using the technology it created for steam washing machines, claiming that the German appliance maker allegedly infringed on LG’s patents. LG sent a letter to Miele last week, urging the company to take amicable action to [...]
SEOUL, March.1 (Korea Bizwire) – After dominating the home washing machine market internationally, LG Electronics plans to strengthen its stance in the commercial washing machine market. The company announced that it will jump into the global market for commercial washing machines, doubling the size of its business compared to last year. Commercial washing machines are [...]
SEOUL, Dec.18 (Korea Bizwire) – Dongbu Daewoo Electronics has announced that ‘Mini’, its drum washing machine that can be installed on a wall, was selected as a ‘next generation world-class product’ at the 2015 World-Class Goods Certification. ‘Mini’ is the first drum washing machine that can be installed on a wall. It is 29.2 centimeters [...]