SEOUL, Jan. 11 (Korea Bizwire) — LG Electronics Inc. swept the top spots in all major categories of best washing machines evaluated by a U.S. consumer advocacy magazine once again this year after last year’s success. Consumer Reports chose the South Korean home appliances giant’s products as the best washer of the year in three [...]
SEOUL, Jan. 26 (Korea Bizwire) — The South Korean government’s plan to file a WTO petition against U.S. safeguard measures is unlikely to buoy the spirits of local exporters, as previous cases have proven ineffective. Following the U.S. government’s decision to impose anti-dumping duties on South Korean washing machines and solar panels, the South Korean [...]
SEOUL, Jan. 18 (Korea Bizwire) – A senior executive of LG Electronics Inc. on Thursday dismissed U.S. President Donald Trump’s claim that South Korea is dumping washing machines into the United States. Dan Song, president of LG Electronics’ home appliance & air solution division, said there is no chance of dumping by South Korean companies, as the U.S. has been cracking down on any dumping by South Korean firms. “We do not have any room [...]
SEOUL/WASHINGTON, Jan. 4 (Korea Bizwire) — South Korean tech giants on Wednesday (U.S. time) expressed concerns over Washington’s plan to impose stronger tariffs on washers, claiming the move will have adverse impacts on their hiring of U.S. workers. The remarks came during a hearing hosted by the U.S. International Trade Commission. Following a safeguard petition [...]