By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Ridgefield Park, N.J. — The U.S. Environmental Protection Agency (EPA) said Tuesday it has recognized Samsung Electronics with its highest award: the 2013 Energy Star Partner of the Year – Sustained Excellence.
In a statement announcing the feat Tuesday, Bob Perciasepe, EPA acting administrator, said Samsung Electronics
“leads the field with their commitment to energy efficiency and demonstrates how all Americans can save energy, save money and create a healthier environment.”
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.
Washington – The new year got off to a good start for the U.S. major appliance industry, with factory shipments rising 1.7 percent in January.
Drilling down into the data the news is even rosier: shipments of the sector’s six core categories -- washers, dryers, dishwashers, refrigerators, freezers, ranges and ovens – together grew 2.3 percent year over year, to about 2.2 million units.
Louisville, Ky. — GE has filed an antitrust suit against Whirlpool and four of its subsidiaries and suppliers for conspiring to inflate the price of refrigerator compressors.
The suit, filed last week in a federal court here, claims the subsidiaries, Embraco North America and Whirlpool S.A., colluded with European suppliers Danfoos A/S and Household Conpressors Holding SpA, to limit compressor production, raise prices, and allocate GE’s purchases among themselves to avoid competition.
Stockholm, Sweden — Strong operational performance in Electrolux’s North and South American divisions drove a 32 percent increase in fourth-quarter net income, the Swedish majap maker reported.
Companywide profits topped 291 million kronor for the three months, ended Dec. 31, while net sales edged up 3 percent to 29.2 billion kronor.
Benton Harbor, Mich. – Whirlpool said currency fluctuations, restructuring charges and lower tax credits in Brazil contributed to a 40 percent drop in fourth-quarter net earnings, to $122 million.
Net sales for the three months, ended Dec. 31, slipped 2.4 percent, to $4.8 billion.
The nation’s largest majap maker said profits improved considerably on an apples-to-apples basis, and sales rose 2 percent, thanks to higher wholesale prices, a greater mix of high-margin products, productivity improvements, and the benefits of cost-cutting and factory closures.
Washington — The U.S. International Trade Commission (ITC) has imposed stiff import duties on clothes washers made in South Korea and Mexico by Daewoo, Electrolux, LG and Samsung.
Today’s unanimous 6-0 decision confirmed last month’s ruling by the U.S. Commerce Department that the manufacturers sold imported washers here below fair value and harmed the domestic washer industry.
Las Vegas — LG Electronics plans to introduce its full 2013 line of smart appliances next week at International CES.
The platform, which includes refrigerators, laundry pairs, ovens and robotic vacuum cleaners, boasts an upgraded Smart Control feature that allows users to operate the appliances with voice commands via nearfield communications (NFC)-enabled smartphones, or to monitor them remotely over the Internet and on LG smart TVs.
The Woodlands, Texas – Multi-regional majap, CE and furniture chain Conn’s is no longer doing business with Whirlpool.
Conn’s acknowledged the split with the world’s largest appliance manufacturer to TWICE but declined to comment.
Similarly, Whirlpool confirmed that the two companies “have mutually decided that Whirlpool Corporation’s brands will no longer be carried at Conn’s locations.”
The products have also been removed from Conns.com.