Washington - A
preliminary investigation by the U.S. International Trade Commission (ITC) has
found that certain large residential washers imported from Korea and Mexico are
harming the U.S. appliance industry by being sold at below-market prices.
The preliminary vote, taken earlier today, stemmed
from anti-dumping and countervailing duty petitions filed with the ITC and the U.S.
Department of Commerce (DOC) in December by Whirlpool, accusing LG and Samsung of
filed similar petitions against bottom-mount refrigerators from Electrolux, LG
and Samsung last March. The DOC confirmed
in a preliminary determination in October that the products were sold in the
U.S. at dumped prices.
pleased with the ITC's preliminary affirmative injury determination," a company
spokesperson said. "This decision by the ITC validates the actions we've taken
to protect the U.S. domestic appliance industry, our 23,000 U.S. employees, and
the communities in which they work."
LG said it
disagrees with today's preliminary vote by the ITC and promised to "aggressively
contest the injury-related issues in the final determination phase of the case."
In a statement,
Chris Jung, president of LG Electronics USA's home appliances division, said the
company "looks forward to the opportunity to show why imports from LG ... have in
no manner injured Whirlpool. We are confident that LG will prevail in the final
A Samsung spokesperson
said the company is disappointed with the ITC's preliminary determination and disagrees
that there is any material injury to the U.S. washer industry, as evidenced by
Whirlpool's strong fourth-quarter
and its continued market share dominance.
that U.S. consumers have been willing to pay a premium for its products and that
Whirlpool's actions "will ultimately reduce choice and value for the American
"We are confident
that once the full investigation is concluded, it will be determined that Samsung
is in compliance with U.S. trade laws," the spokesperson said.
The U.S. ITC is an
independent, quasi-judicial federal agency with broad investigative
responsibilities on matters of trade, including the effects of dumped and
subsidized imports on domestic industries.
are expected to run through February 2013.
Washington - A preliminary investigation by the U.S. International Trade Commission (ITC) has found that certain large residential washers imported from Korea and Mexico are harming the U.S. appliance industry by being sold at below-market prices.