• HSBC

LG unveils energy-efficient air conditioners to meet global demand

  • United Arab Emirates: Tuesday, March 13 - 2007 at 15:11
  • PRESS RELEASE

LG Electronics, the world's No.1 air conditioner seller for a consecutive seven years, is set to further consolidate its leading position in the international air-conditioning market with the launch of its latest energy-efficient series.

According to the new development, LG will upgrade its award-winning and innovative ARTCOOL air conditioner to include Inverter technology, a ground-breaking concept that will maintain a more stable room temperature and be more energy-efficient.

LG's new development is expected to significantly increase its market share in the world air conditioning business. Last year, the company shipped more than 10 million units worldwide for a third consecutive year. According to Fuji-Keizai Co. Ltd., a Japanese market research company, 62.97 million air conditioning units were sold worldwide in 2006, with LG responsible for 19.5 per cent or 12.28 million units.

"LG's air-conditioning business has been performing consistently well in the Middle East, and this latest product will add significantly to consumer choice. The quality and innovative technology of the ARTCOOL air conditioners are what makes them so unique," said Mr. K. W. Kim, President of LG Electronics, Middle East and Africa.

The Inverter technology has proved to increase functionality as well as performance in air conditioners. LG's Inverter technology dynamically controls compressor speed, which means cooling and heating can be adjusted much quicker to provide more stable temperature control.

Moreover, the 2007 ARTCOOL Inverter can maintain desired temperatures easily, thus reducing electricity costs by about 44 per cent over conventional models while making less noise. The LG ARTCOOL Inverter cools 50 per cent faster than conventional air conditioners and can adjust the motor speed to keep room temperature more stable

ARTCOOL already has swept the world's premium air conditioner market with the simple yet clever concept of having a wall-mounted air conditioner double as a picture frame by using an easily replaceable front panel. This was one of the first steps in the industry toward "melting" - appliances that, like furniture, blend and work with household décor to match a theme.

"This upgrade is part of our continuing commitment to enhance the quality of our customers' lives. Inverter technology will make people more comfortable while, at the same time, lowering their electric bills. LG's innovative ARTCOOL inverter air conditioner ensures that everyone can enjoy a more pleasant climate at home, both temperature-wise and aesthetically," Kim added.

The ARTCOOL air conditioners also have replaceable front panels, which provide an aesthetic value to the product, over and above the technologically advanced features. The panels can be customised to portray family photographs, scenic views or any image of the consumer's choice.

Its replaceable front panel and Inverter technology are not the only advantages that LG's ARTCOOL Inverter has over conventional models. LG has also added a three-dimensional airflow system, which provides steadier temperature control throughout the room. Additionally, ARTCOOL Inverter's ultra-thin body allows it to fit more seamlessly into household interiors.
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About LG Electronics:
LG Electronics, Inc. is the global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 82,000 people working in over 120 operations including 80 subsidiaries around the world. Comprising four business units - Mobile Communications, Digital Appliance, Digital Display and Digital Media with 2006 global sales of USD 38.6 billion - LG Electronics is the world's leading producer of CDMA handsets, air conditioners, optical storage devices, DVD players and home theatre systems.


About LG Electronics Digital Appliance Company:
LG Electronics Digital Appliance Company (DAC) is a technology leader and pioneer in home appliance convergence. LG DAC provides a total package of digital products for the home, including air conditioners, refrigerators, washing machines, cooking appliances and vacuum cleaners. LG is driving innovation in home appliance technology through products such as the world's first interactive refrigerator and the steam washing machine. LG DAC is building new growth opportunities in built-in kitchen appliances, commercial air conditioners and networked home appliances.

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