Currys has launched a new range of basic, “no frills” appliances this month. The press release says that the Essentials collection, encompasses a breadth of everyday domestic products ““ from TVs to toasters, washing machines to whisks ““ offers no-nonsense products, for those who wan…
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Iran’s Entekhab to buy Daewoo For $513M
Unlisted Iranian appliance maker Entekhab Industrial Group will sign a deal soon to buy South Korea’s Daewoo Electronics for about 577.8 billion won ($513 million), Daewoo’s leading creditor said on Wednesday. Woori Bank, which represents creditors-turned-shareholders of the unlisted Korean firm,…
Argos Washing Machine Recalled
Argos is recalling its twin tub camping washing machine due to concerns over potential risk of electric shock when the product is in use.
Indesit Reopens Bodelwyddan Washing Machine Plant
It appears that, at least on a temporary basis, that Indesit has decided to reopen the Kinmel Park plant that was closed earlier this year. At present it is unclear the reason for the reopening of the plant or what it is set to produce.
LG Electronics Seeks $60 Million From Whirlpool In Advertising Case
LG Electronics USA Inc. asked a federal court jury to award it $60 million in profits the company’s attorney said Whirlpool Corporation reaped by falsely advertising the steam capabilities of its clothes dryers. LG lawyer Lawrence Desideri made his request to the panel of 10 women and one man tod…
Panasonic & Whirlpool Subsidiary To Plead Guilty To Price Fixing
Japanese electronics giant Panasonic Corp. and a subsidiary of Michigan-based appliance manufacturer Whirlpool have agreed to plead guilty and pay more than $140 million in criminal fines for their roles in an international price-fixing scheme, the U.S. Justice Department said Thursday. The compa…
Electrolux Acquires 52% Of Olympic Group
As part of its strategy to grow in emerging markets, Electrolux today signed a preliminary agreement with Paradise Capital to acquire 52% of Olympic Group for Financial Investments S.A.E. Olympic Group is the largest manufacturer of household appliances in the fast-growing Middle East and North A…
Electrolux Sued For Smelly Washing Machines In USA
Electrolux, manufacturer of Electrolux and Frigidaire Frontload Washers, has been sued by California, Florida, Maryland, Michigan, Oregon, Pennsylvania and Texas citizens in a lawsuit filed in the United States District Court for the Central District of California. The lawsuit states that Electro…
Samsung And Bubbles
Samsung is (as usual) making bold claims that, on the face of it, don’t appear to stack up about its new Ecobubble range of washing machines. Claims being made include that these machines save 70% of energy on a cool wash and that the wash performance is as good as a 40˚C wash. As usual though, …
Are Smart Grid Appliances All That Smart?
At this year’s IFA in Berlin one of the hot topics was appliances that run off the Smart Grid system. But, are they really worth the extra money or are they just another attempt to get more money from customers under the auspices of being “green”.