"home appliances" tag

LG announced the highest third quarter revenues in the company’s history

LG Electronics announced its preliminary earnings results for the third quarter of 2018. The company reported tentative consolidated revenues for the third quarter of 2018 at KRW 15.4 trillion – the highest third…

Whirlpool names Carey Martin vice president of global human resources

David Binkley, chief human resources officer and a member of Whirlpool Corporation’s executive committee, will begin his planned retirement on March 1, 2019 after nearly 35 years of service. Carey Martin, vice president…

Awards for Asko and Gorenje products

Gorenje Group won the golden national award by the Slovenian Chamber of Commerce and Industry for its new generation of premium washing machines and dryers Asko, and the silver award for the new…

Haier acquires the Italian Candy

Qingdao Haier Co and Candy signed an agreement on the combination of the activities of the two companies. According to the agreement, Haier will invest 475 million euro to further accelerate its growth…

AHAM expresses concern for new tariffs on home appliances

The Trump administration’s has imposed tariffs on another 200 billion dollar of products imported from China. This latest round of tariffs took effect on September 24 at a rate of 10 percent and…

Samsung Electronics opens a New AI Center in New York City

Samsung Electronics will open a new artificial intelligence (AI) research center in New York City, to strengthen its AI capabilities. This will add to the five company’s facilities in Korea, the U.S., the…

The growth of Germany goes on

The German market has become the most important in Europe and the third in the world, after United States and China. by Benno Scharf With 82.8 million inhabitants at the end of 2017,…

The Russian Federation joined IRHMA

The International Roundtable for Household Appliance Manufacturer Associations (IRHMA) announced the involvement of Russia among the countries that gather together to discuss important theme about home appliances industry and sustainable technology solutions for…

Bobinac nominated vice president for marketing of Hisense

After the acquisition of Gorenje by Hisense Group Franjo Bobinac, president of the management board of Gorenje, was appointed vice president for marketing of Hisense International. The manager also remains president of Gorenje…

Miele grows by 4.3%

Miele closed with satisfaction its 2017/18 financial year ended June 30, 2018. The company recorded sales of 4.1 billion euro, that means a year-on-year increase of 167 million euro (+4.3%). Of this growth…

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