South Korea: LG Electronics has announced its decision to exit the electric vehicle (EV) charger business, citing declining profitability...

HVAC THAILAND: LG Electronics (Thailand) Co., Ltd., has joined forces with Miracle Planet Co., Ltd., the operator behind the rapidly...

Arrow Vietnam: ARROW, a global provider of smart bathroom solutions, has officially entered the Vietnamese market through a strategic...

Air Conditioner Exports Surge China: China’s household air conditioner exports rose sharply in early 2025, thanks to improved product...

Southeast Asia: ASEAN economic ministers had decided against imposing any retaliatory measures in response to the newly announced U.S....

Pakistan: Global credit rating agency Fitch upgraded Pakistan’s foreign currency credit rating from ‘CCC+’ to ‘B-’, citing increased...

Daikin India Invests USD 60 Million in New R&D Centre in Rajasthan India: Daikin India has inaugurated its third research and development...

Air Conditioner INDIA: In a move to curb rising electricity consumption and promote the adoption of energy-efficient technologies, the...

GDP JAPAN: Japan has signaled it will not make major concessions or rush into a deal as it prepares for upcoming tariff negotiations with...

Trade Cooperation Strengthened by China, Japan and South Korea Asia: Trade cooperation has been agreed upon by China, Japan, and South...

Turkmenistan Turkmenistan: The official distributor of European and Asian climate control equipment in Turkmenistan supplies products...

Fabtech Acquires Majority Stake in Kelvin India: Fabtech Technologies Cleanroom has raised its stake in Kelvin Air Conditioning &...

Refrigerant Norms Ahead of 2030 HCFC India: The Indian government is set to implement stricter refrigerant regulations by aligning with...

Products Seized from Amazon Warehouse INDIA: The Bureau of Indian Standards (BIS) Coimbatore branch office conducted a search and seizure...

Lloyd Expands AC Production Capacity to 3 Million Units Annually India: Lloyd, a brand owned by Havells India, has expanded its annual...

China Imposes Tariffs on U.S. Goods in Response to Trump’s Trade Hikes China: China has imposed a 34 percent tariff on all U.S. imports...

Bangladesh: The United States has introduced a 37 percent tariff on imports from Bangladesh under President Donald Trump's "Reciprocal...

India: Samsung India has reported a two-fold increase in sales within the room air conditioner segment for the March quarter of 2025,...

Air Conditioner UZBEKISTAN: According to uz.kursiv.media , Uzbekistan imported 25.6 thousand air conditioners in January–February 2025,...

LG logo South Korea: LG Electronics reported record-breaking first-quarter sales, surpassing 22 trillion won (US$ 15 billion) for the...