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Samsung, LG Concerned about Washington’s Move to Slap Tariffs on Washers

Samsung, LG Concerned about Washington’s Move to Slap Tariffs on Washers

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 [...]

S. Korean Washers Popular in U.S. Despite Trade Row

S. Korean Washers Popular in U.S. Despite Trade Row

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 [...]

A Tale of Two Executives for Samsung, LG’s North American Operations

A Tale of Two Executives for Samsung, LG’s North American Operations

SEOUL, Nov. 9 (Korea Bizwire) – Changes in leadership for the U.S. branches of Samsung and LG are causing a minor stir in industry circles as speculation that the former’s success may have been a factor in the latter’s decision.  On November 9, it was reported that LG Senior VP of Home Appliance Sales John [...]

LG Preparing for All Possibilities, Tougher U.S. Market Barriers

LG Preparing for All Possibilities, Tougher U.S. Market Barriers

SEOUL, Nov. 7 (Korea Bizwire) — LG Electronics Inc. said Tuesday it is preparing for all possibilities amid concerns that the United States may come up with tougher protectionism policies against foreign home appliances. Washington’s International Trade Commission concluded last month that washing machines produced overseas by South Korean firms, including LG Electronics, are hurting [...]

Samsung and LG Say Whirlpool’s Call for Safeguard Tariff Could Hurt Consumer Choice

Samsung and LG Say Whirlpool’s Call for Safeguard Tariff Could Hurt Consumer Choice

SEOUL, Oct. 20 (Korea Bizwire) — South Korean consumer electronics producers Samsung and LG have said American refrigerator manufacturer Whirlpool’s growing calls for U.S. trade authorities to impose safeguard tariffs on its rivals could restrict choices for consumers. The two South Korean electronics giants are increasingly having to defend their position in the U.S. refrigerator market [...]

LG Warns of Delay in Factory Construction in U.S. amid Washer Dispute

LG Warns of Delay in Factory Construction in U.S. amid Washer Dispute

SEOUL, Oct. 20 (Korea Bizwire) — LG Electronics Inc. said Friday Washington’s steps to impose trade barriers against South Korean washers could give adverse impact on U.S. consumers, saying such changes may also result in the delay of its on-going factory construction in Tennessee. The statement came as the U.S. International Trade Commission determined earlier [...]

S. Korean Washers Top U.S. Product Evaluation Reports amid Moves Toward Protectionism

S. Korean Washers Top U.S. Product Evaluation Reports amid Moves Toward Protectionism

SEOUL, Oct. 19 (Korea Bizwire) — South Korean washers topped product reviews by major U.S. consumer evaluators, industry watchers said Thursday, as Washington’s trade commission moves to take protectionist steps. Earlier this month, the U.S. International Trade Commission (ITC) determined that products made by Samsung Electronics Co. and LG Electronics Inc. are exerting an adverse [...]