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JAPANESE AC MAKERS
Touchline men: From miracle makers to master tacticians, the World Cup belongs to the managerEcuador's young manager, Sebastian Beccacece, has ignited national pride, guiding his team to the World Cup knockouts after a stunning vict...- ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
- Daikin India and Rechi Precision, Taiwan set up JV for compressor manufacturing, design and sales for HVAC industryDaikin India and Taiwan's Rechi partnered to make AC compressors in Sri City. The new factory will start production by late 2024. This redu...
- LG to focus on increasing localisation of commercial AC in India; sets up separate service entityLG Electronics Inc is focusing on commercial air-conditioners in India, launching a new company for their service and maintenance, said a s...
- High on design and connectivity, South Korean and Chinese brands put pressure on tried and tested Japanese car makers in IndiaThe Japanese dominance of the Indian car market is under threat with South Korean and Chinese carmakers expected to corner a fourth of it b...
- They like it hot! Some companies have a summer to cheerACs, packaged cold beverages see double-digit sales growth this April.
- Daikin India aims 100 billion yen turnover in 2 years on growing sales, exportsThe company, which has two functional units in Neemrana, Rajasthan, is in the final stages to select for its third manufacturing facility, ...
- Indians popular choice for senior roles at Asian companiesIn the past three months, Nikon and Sony have appointed Indians — Sajjan Kumar and Sunil Nayyar — to lead their local operations, which wer...
- Daikin sees 20 per cent growth in home airconditioner sales on early summer"If summer continues like this, then we are expecting a volume growth between 18-20 per cent this year," Daikin Airconditioning India MD K ...
- Daikin eyeing 20% revenue growth this fiscalDaikin's major growth driver would be inverter room ACs and VRV (Variable Refrigerent Volume) segment this year said Managing Director K J ...
- Sony, Panasonic & Sharp count on India for global redemption; say India operations insulatedIn India, Japanese companies are increasingly challenging the dominance of Korean duo LG and Samsung in the Rs 38,000-crore consumer electr...
- Have to gain market share at any cost, asserts AC maker DaikinWorld's largest air-conditioner maker Daikin Industries targets to become one of the top three AC brands in India in three years.
- Chinese home appliance maker Midea, US-based Carrier to form joint venture in IndiaChinese company Midea and US-based Carrier have agreed to set up a new JV in India, pooling their businesses and strengths in the country.
- Panasonic to invest Rs 120 cr on marketing AC range next yearPanasonic has renewed contract with Bollywood actress Katrina Kaif as the brand ambassador for its home appliances range.
- Japanese AC makers Daikin, Hitachi and Panasonic eat into the market share of LG and SamsungDaikin, Hitachi and Panasonic have started eating into the market share of Korean firms LG and Samsung for the first time in a decade
- Air-conditioner maker Daikin sheds premium tag to compete in mass market in India; take on LG, Samsung and VoltasDaikin has sacrificed its premium tag to compete in the mass market in India segment and narrow the price gap with LG, Samsung and Voltas.
- AC makers flood market with aggressively priced models; launch ad campaignsHigh-end Japanese players Daikin and Hitachi have introduced new entry-level models that are only marginally costlier than Korean and India...
- Hitachi hikes prices; to hire 1,000 people this yearAir-conditioner maker Hitachi on Monday said it has started hiking the prices of its entire range of products by up to four per cent.
- Godrej Appliances may ink deal with Japanese majorGodrej Appliances, a division of Godrej & Boyce is understood to be evaluating a foreign collaboration with a Japanese electronics major fo...
- Japan PC makers say no Sony battery recallFujitsu Ltd. and other Japanese computer makers have said that no recall of batteries made by Sony Corp. was necessary as their computers w...
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