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Life's good with 22% growth target for 2008

LG has announced it is aiming for 22% growth in its global air-conditioner shipments this year to $5 billion.
LG air conditioning is aiming at a global sales target of $5 billion with the emerging markets of Brazil and India being the main avenue of growth.

Nho Hwan-yong, executive vice president of LG's air conditioning division said LG expects growing sales in emerging markets, such as India and Brazil, to offset the impact of a slower U.S. economy.

LG reported $4.1 billion in 2007 air conditioner shipments and $4.8 billion in sales, according to the company.

LG is targeting growth in both global residential and commercial air conditioning products.


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 ...

  01-Apr-2021

Daikin Applied (UK) launches space-saving, HTM-Compliant AHUs

Daikin Applied (UK) has introduced the HTM-Pro T Series, a compact, high-performance air handling unit (AHU) tailored for space-constrained healthcare environments. Engineered and tested in Cramlington, the unit meets NHS HTM 03-01 ventilation ...

  28-Aug-2025

Has your Chiller been checked for Refrigerant Leaks?

Has your Chiller been checked for Refrigerant Leaks?
  07-Aug-2025
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