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Panasonic Aims for Sales of \700 Billion in HVAC Business in 3 Years
Panasonic has been steadily carrying out organizational reforms and revising its air conditioner strategy since it established the new Air-Conditioner Company within the Appliances Company in April. Panasonic held a press conference in Tokyo on May 27 to announce its target of \700 billion (about.../images/up/News/2015622992187142.jpg
CRH 2015: The Grand Festival of HVAC&R in Asia
With the theme of ‘Winning Partnerships for Blue Skies and a Green World,’ the 26th International Exhibition for Refrigeration, Air-conditioning, Heating and Ventilation, Frozen Food Processing, Packaging and Storage (CRH 2015) was held from April 8 to 10 at Shanghai New Inter-national Expo Centre, .../images/up/News/201552121112749089.jpg
LG Invests US$ 1.5 Billion in New Vietnam Production Base
LG Electronics officially announced on March 27 the opening of its newest production facility in Vietnam with the completion of the main building at its Haiphong Campus. At 800,000 m2, the building in LG’s Haiphong Campus will house the production lines to manufacture air conditioners, TVs, mobile p.../images/up/News/201542313162120826.jpg
Agility is Key in the Global Era
-- Panasonic Air-Conditioner Company Embarks on a New Trip Panasonic has announced changes to its organizational structure and senior management team, which will take effect April 1, in an effort to strengthen its air conditioner business. The major organizational changes are as follows. The Air-.../images/up/News/201532118581582472.jpg
Ductless and Ducted ACs on Stage
-- Report of the 2015 AHR Expo, Chicago Thanks to strong recovery in the U.S. economy, the U.S. air conditioner market posted solid growth in 2014. As a microcosm of this, the 2015 AHR Expo held from January 26 to 28 in Chicago was one for the record books, with approximately 62,000 attendees fro.../images/up/News/201522212482372389.jpg
ASEAN and the U.S. Are Keys to 2015 Market
-- Review of the 2014 Global Air Conditioner Market JARN interviewed leading air conditioner manufacturers to investigate air conditioner market trends over 2014. We would like to take this opportunity to express our deep appreciation to the many people who took time out of their busy schedules t.../images/up/News/201512222494420134.jpg
Air Conditioner Market Takes Hit from Falling Yen
-- A Return to ‘Made in Japan’? On December 5, the value of the Japanese yen fell sharply in trading on the New York foreign exchange market, closing at 121.50 yen to the dollar, the lowest the Japanese currency has fallen in about seven years and four months, since the last low recorded on July .../images/up/News/2014122121451318979.jpg
Chillventa 2014 Signals a Bright Outlook for the European Market
Chillventa 2014 was held in Nuremberg, Germany, from October 14 to 16. For the first time, the exhibition attracted more than 30,000 visitors from over 110 countries and a record number of 984 exhibiting companies. JARN reporters attended Chillventa and interviewed many global HVACR manufacturers. J.../images/up/News/2014112215164767894.jpg
Digging for Gold in Mexico
--The Great Latin American Market Massive Production Base With nearly 400 exhibitors from around the world participating, AHR Expo-Mexico 2014 was held in Mexico City from September 23 to 25. The expo recorded its highest ever visitor attendance, indicating the high level of interest of professi.../images/up/News/2014102521493394131.jpg
Inverter Compressor Manufacturers Remain Confident
Compared with the lackluster air conditioner market this year, the compressor makers are quite busy. According to the latest news from China, the world largest air conditioner compressor production base, the shipment of inverter rotary compressors in the first half of 2014 reached 26.2 million units.../images/up/News/201492412241745194.jpg