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

Daewoo Will Supply Refrigerators to BSH
Feb 23, 2006
 Printable format
 Email this Article
 Search

Daewoo Electronics Corporation of South Korea entered into a strategic partnership to supply refrigerators to German home appliance OEM BSH Bosch und Siemens Hausgeräte GmbH. Under the U.S. $300 million deal, reached in early February 2006, Daewoo Electronics will supply at least 100,000 side-by-side refrigerators annually to BSH for 3 years, starting this year. More than 350,000 units will be exported to Italy, Germany, Britain, the U.S., and Australia over the 3 years.

Daewoo will be involved in designing, developing, marketing, and selling the products, which will be sold under BSH brand names. Daewoo Electronics said it is in negotiations with BSH to expand the partnership into other home appliances.

Daewoo said the partnership will likely expedite its plan to export side-by-side refrigerators to the North American markets.

"Daewoo Electronics and Bosch Siemens are two of the world's most recognized and respected home appliance providers, both known for their relentless commitment to innovation," said Daewoo CEO Lee Sung Chang. "We look forward to working with Bosch Siemens to grow our relationship and realize the potential of two great innovators."

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