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Industry News

Published on November 25th, 2014 | by The GC Team

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LG achieves another MDA high…

LG is again highlighting its success in the home appliance market with the announcement that more than 10 million refrigerators with its patented Inverter Linear Compressor have been sold worldwide since 2001, the year that the company introduced the “world’s first” refrigerator powered by an Inverter Linear Compressor.

Referring to strong results in premium refrigerator markets such as Korea, North America, Europe and the CIS region, LG said it expects to sell more than two million Inverter Linear Compressor refrigerators in 2014.

Earlier this month, LG announced it had sold 20 million of its 6 Motion Direct Drive washing machines globally in the past five years and claimed an industry milestone with one appliance sold every 8 seconds.

“LG has always strived to offer consumers the most advanced, highest performing appliances in the industry,” said Young-il Park, head of LG’s refrigerator business unit. “Our Inverter Linear Compressor is the result of our commitment to excellence and technological innovation and demonstrates LG’s desire to lead the global premium refrigerator market.”

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