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More Revenue in Store for LG Electronics

Posted 11 years ago

The demand for air conditioners is quite high during the summer because of the heat. LG electronics estimated that they will be earning $10 billion won in revenue from selling commercial air conditioners alone by 2020 since the demand right now for Air Conditioners are dependent on the health of the overall economic climate.

“Economic troubles in Europe, which is LG’s biggest market, clearly hurt, while the economic slowdown in China and Korea is also dragging us down. Despite these difficulties, we have been maintaining our pace in growth and we remain positive about our mid- to long term business prospects,” said LG commercial air conditioner division head Lee Kam-kyu.

They also have a newest commercial air conditioner, the MultiV Super 4. So better check that out.

Click here for full article.

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Posted in ac repair austin texas

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