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LG AC sets $10 billion sales target for 2013

LG Electronics Air Conditioning today announced an aggressive new sales target of USD 10 billion by 2013.
At its annual media event in Seoul, Korea, attended by Hwan-yong Nho, the CEO of LG AC, LG announced marketing strategies to achieve its ambitious goal.

The firm will undergo an organizational re-structuring to strengthen the company's focus in commercial air conditioning, residential air conditioning, building management systems and solar cells.

'Today, LG AC Company is faced with the opportunity to significantly grow its business by expanding into energy solutions which will serve as our new growth engine,' said Mr. Nho, CEO of LG AC Company.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...


Mitsubishi Electric upgrades flagship ventilation system for offices, schools, hotels and more

Mitsubishi Electric has launched the LGH-RVX3-E Lossnay mechanical ventilation with heat recovery (MVHR) system to provide clean and healthy air for commercial settings....


Sanhua Launches PEV Series Pulse Expansion Valves for Precise Refrigerant Flow Control

The PEV series valves have a solenoid valve structure, allowing flow regulation by pulse width control, ensuring highly accurate and responsive flow control.
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