Whirlpool Partners With Suning

Whirlpool have announced a deal with Chinese retailer Suning to secure distribution in China of their home appliance products, the press release with details of the deal follows.

Vestel Reports A TRY 1.7M Loss

Vestel White Goods reported a net loss of 1.7mn (£604K) in 4Q11 (4Q10: TRY 4.8mn loss, 3Q11: TRY 3.9mn profit), thus worse than the expectation of a TRY 9.7mn net profit and the consensus estimate of a TRY 7mn net profit.

Samsung Launch Oven Controlled By An App

Samsung have launched an oven that can be controlled by a mobile phone (or tablet we guess) app for some reason that we can’t quite work out or can anyone we’ve asked but, they’ve done it anyway.

Beko’s Parent Company Sales Dive

Turkish appliances manufacturer Arcelik, who are known as Beko in the UK, is expecting sales growth of around 20 percent this year, down from 22 percent last year, it said when announcing its annual results.

ITC To Investigate Washing Machine Dumping

The U.S. International Trade Commission (ITC) have voted to investigate allegations of dumping washing machines onto the US market from Mexico and Korea, including washing machiens from both LG and Samsung, claiming that the practices are harming applaince sales in the US. Statements from each ar…