Archive for the ‘Home Appliances’ Category

LG ANNOUNCES FOURTH-QUARTER AND FULL-YEAR 2011 FINANCIAL RESULTS

February 1st, 2012 by Dave@LGUK
 
Quarterly Results Reflect Record-High Flat Panel TV Shipments, Strong Appliances Revenues and Profitable Mobile Business LG Electronics Inc. (LG) today announced fourth quarter 2011 consolidated revenues of KRW 13.81 trillion (USD 12.05 billion) with an operating profit of KRW 23 billion (USD 20 million). Quarter-on-quarter revenue growth reflected strong performance in home entertainment and home appliances with improved operating profit in the mobile and TV businesses. Unaudited consolidated financial results, based on IFRS (International Financial Reporting Standards) for the period ending Dec. 31, 2011, showed a net loss of KRW 112 billion (USD 97.73 million) in the quarter, primarily due to a loss...
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LG TrueSteamTM Dishwasher awarded ‘Waterwise Recommended’ Checkmark!

January 9th, 2012 by Dave@LGUK
 
LG Electronics (LG), today announces that its new TrueSteamTM Dishwasher (D1454BF) has been awarded the ‘Waterwise Recommended Checkmark’. Using as little as 9 litres of water for a fully loaded dishwasher cycle – typically the same load would use up to 60 litres if washed by hand. Waterwise is an independent, not for profit organisation focused on decreasing water consumption in the UK and building the evidence base for large scale water efficiency; as such are the leading authority on water efficiency in the UK. The Waterwise Recommended Checkmark is a progression from the previous Waterwise award,...
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DISH DRAMAS CAUSE STRIFE OVER CHRISTMAS

December 16th, 2011 by Dave@LGUK
 
With the festive season fast approaching, our latest survey reveals that washing the dishes after Christmas dinner tops the festive woes Brits face this December. Over one in three Brits (38%) agree that washing the dishes after Christmas dinner the biggest stress beating classics such as battling the crowds and shopping for presents (30%), cooking the actual dinner (12%) and enduring marathon sessions of cheesy Christmas films (7%). The survey also found that nearly half (43%) find they do more washing up over the holiday season than during any other time on the year. This Christmas, the nation will collectively spend...
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LG SELLS OVER TWO MILLION 6 MOTION WASHING MACHINES WORLDWIDE

November 21st, 2011 by Dave@LGUK
 
Sales of LG Electronics' 6 Motion washing machines have exceeded more than two million units worldwide since its debut in later 2009. First introduced in October 2009, LG’s 6 Motion Direct Drive™ washing machines have recorded 2.25 million units in sales, which includes 1.25 million units of its front-loading washing machines as well as one million top-loading units. Enabled by LG’s Inverter Direct Drive™ technology, the 6 Motion washing machine has won rave reviews. Its unique feature allows for more precise spin speed control and inner drum movements saves energy, time and gets clothes cleaner. With a range of cycles...
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What is LG 6Motion Direct Drive?

October 17th, 2011 by Dave@LGUK
 
What is "6 Motion"? 6 Motion is made possible thanks to LG’s Inverter Direct Drive motor which enables better control of the drum – from both a speed and rotation point of view, thus enabling different wash motions. The different wash motions are specific to how the drum moves and its effect on the clothes and although different motions may be more suited to different fabrics, LG’s engineers have found the optimum combination of wash motions to deliver the best performance and care for your laundry based upon the programme selected. Tumble (Basic Motion) Conventional wash motion where clothes are moved from the bottom...
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LG AIMING FOR TOP POSITION IN EUROPE IN WASHING MACHINES AND REFRIGERATORS BY 2015

September 2nd, 2011 by Dave@LGUK
 
The President of LG Electronics’ (LG) Home Appliance Company announced at IFA its goal to become the top washing machine and refrigerator brand in Europe by 2015. Speaking at Messe Berlin, Young-ha Lee, CEO of LG Electronics Home Appliance Company, said LG intends to capture 13 percent market share (sales amount based) in washing machines and 12.5 percent in refrigerators (sales amount based, excluding built-in refrigerators) in the region in four years. “The European market is highly competitive due to established local players in the home appliance industry,” Mr. Lee said. “But LG is absolutely committed to being a brand...
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UK Households throw away over £5 billion worth of food every year

August 12th, 2011 by Dave@LGUK
 

Despite families trying to cut costs and tighten purse strings, LG Electronics has found that over half of UK households waste at least 10% of all the food they buy and a fifth waste over a 25%.

Food wastage has been a topical issue in the UK in recent years as consumers become ever more conscious of the environment and with the economic situation meaning that shoppers are tightening their belts and looking for new ways to save money. In fact, over two thirds of people (71%) say that they do think about the food they may waste when doing the weekly shop and try to reduce this by buying only what is needed.

Nevertheless, with stats from LG’s latest Refrigeration Report showing that £5 billion worth of food is wasted each year, it seems that people aren’t sure how to store their food to keep it fresh or what to do with leftovers.

People in Northern Ireland are the worst offenders, with a third saying that they waste more than a quarter of all food bought. While Wales wastes less food than any other region, with one in ten wasting more than a quarter of all food bought.*

Celebrity chef, Simon Rimmer, comments: “Food wastage is a huge issue in the UK but it’s really very simple to avoid. Knowing things like where you place your food in the fridge, the cool levels within the fridge and which foods should be refrigerated can really make a difference. There are plenty of new technologies, especially in refrigeration, that can really help to combat any wastage problems.”

LG Home Appliance Marketing Communications Manager, Dawn Stockell adds: “In 2011, LG’s Refrigeration range includes products with leading technologies which prolong food freshness and minimise wastage. Features like our Moist Balance Crisper maintain the moisture balance in one section of the fridge to ensure that fruit and vegetables don’t go soggy and stay fresh. Our refrigerators also have Fresh O Zone areas which maintain an area of the fridge at zero degrees, meaning meat and fish will be kept at a prime temperature ready for cooking.”

*Food Wastage in the UK by Region:

REGION
1 Northern Ireland (30.75%)
2 West Midlands (26.06%)
3 London (22.47%)
4 East Midlands (21.43%)
5 North West (21.08%)
6 East Anglia (20.4%)
7 Scotland (20.01%)
8 South East (18%)
9 Yorkshire and Humber (15.85%)
10 South West (12.5%)
11 North East (12.36%)
12 Wales (11.63%)

(Regions ranked with 1 being the most and 12 being the least wasteful. Figures show percentage of people who waste more than a quarter of all food bought)

With the peak BBQ season and warmer temperatures upon us, visit www.LG.com to find out more information about how LG’s home appliance products can help you to minimise food wastage.

You can read more here and here

Connected Home Global Summit 2011

June 6th, 2011 by Dave@LGUK
 
The 24th to the 26th of May saw the Connected Home Global Summit 2011 taking place in London, with a number of industry specialists on hand to offer their insight into the development of the connected home. We may be some way from the ultimate consumer dream of a connected home, but the overall conclusions drawn from the speakers was positive, with Google’s Industry Head Kevin Mathers saying that the rate of change means we may not be as far from the dream as first thought. It was almost unanimously agreed that the devices that will dominate the connected home for the...
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LG’s new steam dishwashers let customers say goodbye to pre-washing

May 17th, 2011 by Dave@LGUK
 
Because we know there is never enough time in the day, LG have announced a new steam dishwasher with Truesteam™technology that delivers a powerful cleaning performance, without the need for prewashing. The dishwasher’s SmartRack™ has easily adjustable tines that can accommodate a wide range of odd-sized dishes and utensils, providing a more convenient wash, while the Direct Drive™ motor ensures top-grade performance while cutting down on both water and energy usage. TrueSteam™ Keeps Hands Dry and Soft and Makes Dishes Spotlessly Clean TrueSteam™ works by creating high-temperature steam particles that are injected from carefully positioned pressure nozzles. Once the particles attach...
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LG unveil new Air-Conditioning solutions at Climatizacion

March 14th, 2011 by Dave@LGUK
 
At the beginning of March Madrid was likely the coolest place in Europe, as Climatizacion, Europe’s premier air-conditioning exhibition, came to town. LG were there and exhibited some of their key products, including the enhanced commercial air conditioning systems such as the Multi V III, and the newly released Therma V and Air Handling Unit. The H-Inverter and Compressor found on the Multi V III greatly improve efficiency, reducing energy consumption by up to 11% compared with previous models. The Therma V is an air to water heat pump that uses technology that won an Innovation Award at the AHR Expo in...
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