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LG gave undertakings to the Australian Competition & Consumer Commission to provide appropriate corrective notices and upgrade and maintain its trade practices compliance program. In 2006, LG overstated energy efficiency on five of its air conditioner models and was again required to offer consumers rebates to cover the extra energy costs. [95]
The efficiency of air conditioners is often rated by the seasonal energy efficiency ratio (SEER), which is defined by the Air Conditioning, Heating and Refrigeration Institute in its 2008 standard AHRI 210/240, Performance Rating of Unitary Air-Conditioning and Air-Source Heat Pump Equipment. [61]
Zenith was the first company to experiment with subscription television, launching their Phonevision system with experimental Chicago station KS2XBS (originally broadcasting on Channel 2 before the Federal Communications Commission forced them to relinquish it to WBBM-TV).
The 10-year U.S. Treasury note traded around 4.62% on Friday afternoon, after climbing about 30 basis points over the past month. Bond yields rise when prices fall, ...
At the end of a whirlwind year that saw her transform from a viral star to a business mogul, Haliey Welch, also known as the “Hawk Tuah Girl,” is facing backlash for promoting a memecoin that ...
BEIJING (Reuters) -No one can stop China's "reunification" with Taiwan, Chinese President Xi Jinping said in his New Year's speech on Tuesday, laying down a clear warning to what Beijing regards ...
LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi. [4] In 1952, Lak Hui (락희) (pronounced "Lucky"; now LG Chem) became the first South Korean company to enter the plastics industry. As the company expanded its plastics business, it established GoldStar Co. Ltd. (now LG Electronics Inc.) in 1958. Both ...
The PRADA Phone by LG (KE850), better known as the LG Prada, [2] is a touchscreen smartphone made by LG Electronics, created in collaboration with Italian luxury designer Prada. [3] It was first announced on 12 December 2006 [ 4 ] [ 5 ] and was made official in a press release on 18 January 2007.
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