Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

LG Electronics to Focus on Dishwasher, Air Purifier Offering
Jun 4, 2004
 Printable format
 Email this Article
 Search

Home appliance maker LG Electronics announced that it would designate dishwashers as a "new growth engine product" along with the air purifiers and would focus on making the sector one of the company's main strategic businesses.

With the move, LG plans to secure 60 percent of South Korea's dishwasher market this year, which is expected to grow about 200,000 units, making the item its premium product line along with the company's Tromm washing machine. According to the company, it achieved the largest share in the county's washing machine market last year.

LG Electronics vice president Kim Yong-su said the market for dishwashers has high growth potential as the penetration rate of the products in the country's market is less than 10 percent." And with the growing interest in the so-called "Well Being" trend, the dishwasher is placing itself as a much-have item along with the air purifier. (The Chosun Ilbo)

Back to Daily News

 

Daily News

...........................................................

Nov 26, 2014: Hamilton Beach 3Q income down slightly

Nov 26, 2014: LG's sales of Inverter Linear Compressor refrigerators top 10 million

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows