LG Electronics to venture into food waste disposer market

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The story "LG Electronics to venture into food waste disposer market" was covered 2 weeks ago by Korea Economic Daily, a news publisher based in South Korea.

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LG Electronics to venture into food waste disposer market - Korea Economic Daily

Quick Summary:

LG Electronics Inc., the world's largest home appliance maker, will make its foray into the food waste disposer market in the first quarter of 2025, heralding a shake-up in the sector led by small electronics companies, according to industry sources on Monday.

But large home appliance makers have neglected the market because of hygiene and environmental protection issues.Samsung Electronics Co., registered a food waste disposer trademark in 2020, but has yet to launch the product.

The domestic food waste disposer market is being led by small and medium-sized electronics companies such as Hurom Co., Cuckoo Electronics Co., a unit of Cuckoo Holdings Co., Minix and Smartcara Co.