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 ...


MHIAE announces wireless LAN connectivity as standard for residential air conditioners

Mitsubishi Heavy Industries Air Conditioning Europe (MHIAE) has announced that, in order to meet demand, its high performance ZSX series and ZS series residential room air conditioners will now include wireless LAN connectivity as standard....


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