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Japan Panasonic Launches New Building at Czech Factory to Expand A2W Production in Europe
JapanStrengthening Production Capacity to Meet Growing Demand for Decarbonized Heating Systems Across Europe, the heating market is undergoing a major transformation. Traditionally, gas and oil boilers have been the standard for residential h...Daikin Accelerates Growth in Europe, Middle East, and Africa — Heat Pumps at the Core of Expansion
JapanFrom residential to commercial sectors, leveraging EU environmental policies and subsidy programs for market growth The HVAC market in Europe, the Middle East, and Africa continues to expand despite challenges such as inflation and econo...Daikin Faces a New Phase in China — Pursuing Growth Through Energy Efficiency and Digitalization Amid Market Slowdown
JapanDespite sluggish demand, the company leverages multi-split systems and smart solutions to strengthen its brand presence China’s HVAC market faced headwinds in the fiscal year ending March 2025, as a downturn in the real estate sector and...Daikin Expands Presence in North America’s HVAC Market — Replacement Demand and Environmental Regulations Drive Growth
USAFrom residential to data centers, the company strengthens its reach with R32 products and high-profile industry exhibitions The North American HVAC market is largely driven by replacement demand, and recent years have seen accelerated pr...Daikin Expands Presence in Japan’s Air Conditioning Market — Growth Driven by Replacement Demand and Environmental Initiatives
JapanSteady performance in both residential and commercial segments, with refrigerant recovery and recycling leading the industry Japan’s air conditioning market is seeing steady growth, largely supported by rising replacement demand as exist...Japan, Hitachi Industrial Launches Service to Turn Air Compressor Upgrades into Carbon Credits
new releaseA new Japanese initiative links industrial efficiency with government-certified carbon trading. Hitachi Industrial Equipment Systems, based in Japan, has launched a pioneering service that converts CO₂ reductions from upgraded air compre...Japan, Panasonic Unveils Compact “Ziaino” Air Purifier with 4-in-1 Functions for Modern Homes
new releaseJapan introduces a new hypochlorous acid-based sterilizing and deodorizing machine designed to match today’s lifestyle needs. In Japan, Panasonic Corporation has announced the release of three new models of its household hypochlorous aci...Modi’s Tax Cuts: A Turning Point for India’s Air Conditioner Market
MarketCountering U.S. Tariffs While Stimulating Middle-Class Consumption India’s economy is currently facing uncertainty after the U.S. announced a tariff hike on Indian goods from 25% to 50%. In response, Prime Minister Modi unveiled an ambit...Midea Climbs 31 Spots on Fortune Global 500: Evolving into a Global Technology Leader
Company Finance10 Consecutive Years on the List, Driven by R&D and Global Expansion On July 29, 2025, Midea Group rose to No. 246 on the Fortune Global 500, climbing 31 places and securing its 10th straight appearance. In 2024, the company reported...Samsung and Johns Hopkins APL Win R&D 100 Award for Next-Generation Cooling Technology
PartnershipBreakthrough Nanothin Thermoelectric Films Deliver 75% Efficiency Improvement, Paving the Way for a Sustainable Cooling Future In August 2025, Samsung Electronics and the Johns Hopkins University Applied Physics Laboratory (APL) were hon...