LG continues to lead air-conditioning market

LG has been confirmed as the global leader in air conditioning — for the seventh consecutive year in a row. Over 10 million air-conditioning units were shipped by the company last year, for the third year in a row. According to Japanese market-research company Fuji-Keizai, 63 million air-conditioning units were sold worldwide last year, with LG responsible for 12.3 million units — 19.5%.This year, LG plans to expand its overseas production rate to 60%, with a production target of 16 million unit. The overseas production rate in 2006 was 55%, amounting to 14.8 million units.
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‘Red tape scrapping is welcome – but more policy changes are needed’

The CEO of heat pump manufacturer Aira UK has said the government’s new proposals to scrap planning red tape for the installation of heat pumps in the UK will be a big breakthrough for the industry and consumers – but more policy changes are needed.

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