South Korean Companies Push HVAC Expansion in Global South

South Korea

South Korea: South Korean companies such as Samsung and LG are leveraging AI and eco-friendly heat pump and HVAC technologies to expand into emerging markets across Africa, Southeast Asia, and Latin America. They are targeting these “Global South” regions with offerings tailored to local needs, such as off-grid cooling, solar-driven systems, and modular designs. These firms aim to take advantage of growing demand in countries seeking sustainable climate control solutions, especially in areas where energy access is variable. By deploying climate technology adapted for lower-infrastructure settings, they expect to build new revenue streams while contributing to global decarbonisation efforts.

Source: The Chosun