Although Haier Groups electric refrigerator and air-conditioning units held the largest mainland Chinese market share in 2005, earnings made public on April 28th showed a 35% year-on-year decline in profits from 2004 to 2005.
Category: Domestic Appliance News
Domestic Appliance News
All the latest general news from the domestic appliance industry that we find all over the world, and stories that are of interest to the trade and public, often with our own unique non-politically correct spin on it.
We cover almost anything interesting to do with appliances or that affects the industry, including new product releases, scandals, recalls, mergers, takeovers and all the other juicy appliance news from around the world.
If you have a story to share, please let us know or contact us on admin@ukwhitegoods.co.uk or contact Kenneth here
Local exhibitors unveil innovative products at Hometech
The response to the upcoming Hometech Middle East 2006, from the UAE’s most innovative producers, manufacturers and distributors in home technology has been phenomenal. The show runs from Sunday 14th to Tuesday 16th May at the Dubai International Exhibition Centre.
RECYCLING: Firm is steering in the right direction
COMPASS Peterborough Ltd ““ the organisation heavily involved in recycling the city’s old white goods ““ has been highly commended for its creativity, innovation and dedication.
Electrolux Announces 2006 Design Lab Competition
For the fourth consecutive year, Electrolux is encouraging students around the world to fire up their creative minds and design household appliances for the future.In the 2006 edition of the design competition, Electrolux Design Lab, students will develop solutions for food preservation and prepa…
Treatment of waste refrigerators containing hydrocarbons
RAL Quality Assurance Association excluded from CECED discussion meeting
Firm fined maximum £100,000 for ‘damage to ozone layer’
A Rotherham company was fined £100,000 (Thursday) after it ignored several warnings from the Environment Agency about illegally dismantling refrigeration units in a way likely to jeopardise the environment or human health.
Whirlpool Corporation Reports Record 2006 First-Quarter Results
Whirlpool Corporation WHR today announced that net earnings increased 37 percent for the first quarter of 2006 to $118 million, or $1.70 per diluted share, compared to $86 million, or $1.26 per diluted share, in the same period last year. The increase reflects strong trade and consumer demand for…
Permira and KKR target new Kesa bid
PERMIRA and Kohlberg Kravis Roberts (KKR), two leading private equity groups, are putting together a fresh joint bid for profit-hit Kesa Electricals, owner of the UK’s Comet, The Business has learned.
Whirlpool-Maytag deal eyed by appliance rivals
Some of Whirlpool’s biggest appliance rivals said they were surprised the US Department of Justice required no divestitures in allowing the purchase of Maytag, but they do not expect the merger to affect their business strategies.
Towards the magnetic fridge
Researchers at the University of Cambridge have discovered a material that gives a whole new complexion to the term ‘fridge magnet’. When this alloy is placed in a magnetic field, it gets colder. Karl Sandeman and his co-workers think that their material – a blend of cobalt, manganese, silicon an…