By Lisa Johnston
New products on display at the American International Toy Fair, held in N
In a preliminary ruling, the U.S. Commerce Department has nixed Whirlpool’s petition to have import duties imposed on bottom-mount refrigerators from South Korean manufacturers.
The world’s largest majap maker argued that substantial subsidies from the Korean government to LG and Samsung amount to unfair competition, but Commerce found that the rates, which are under 1 percent, fail to trigger duties under U.S. law. A Whirlpool spokeswoman said the company “is not surprised by this preliminary decision, given the Korean producers’ bold resistance to providing adequate responses to the Commerce Department’s questionnaires.” A final determination is expected early next year.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.