Samsung And LG Fined For Price Fixing

South Korea’s competition watchdog says it has fined the two top electronics manufacturers a total of 44.64 billion won ($38.5 million) for fixing prices of their electronics and home appliances.

LG Expand ThinQ Appliances

LG have announced an updated version of their ThinQ brand of smart appliances and new Home Energy Management System (HeMS) at CES 2012.

Electrolux Updates Cuts Forecast

Electrolux said a recent plan to cut jobs in the face of an economic slowdown and rising raw material prices would lead to larger annual savings than first predicted but at a higher initial cost.

Electrolux Cuts Outlined

Electrolux said a recent plan to cut jobs in the face of an global economic slowdown and rising raw material prices would lead to larger annual savings than first predicted, but at a higher initial cost.