LG Electronics rises to global prominence in HVAC segment, ranks fifth

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The story "LG Electronics rises to global prominence in HVAC segment, ranks fifth" was covered 7 hours ago by Korea Economic Daily, a news publisher based in South Korea.

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LG Electronics rises to global prominence in HVAC segment, ranks fifth - Korea Economic Daily

Quick Summary:

LG AIMS TO FURTHER ENHANCE ITS HVAC MARKET PRESENCELG Electronics plans to aggressively expand its presence in the global cooling systems market, in line with growing demand for chillers.

DEMAND FROM AI DATA CENTERSLG’s swift rise to global prominence is attributed to the recent surge in demand for large-scale air-cooled chillers, fueled by the growing use of artificial intelligence.

LG Electronics Inc., a leading South Korean home appliance maker, has emerged as one of the world’s top five players in the heating, ventilation and air conditioning (HVAC) market, driven by its focus on large-size chillers.