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The U.S International Trade Commission ruled 6–0 in favor of Whirlpool, finding that the U.S washing machine industry was threatened by imports of residential washers from South Korea. Also, the commission stated South Korean producers, Daewoo, LG, and Samsung were dumping washing machines far below their market value. Investigation into the ...
Due to the increasing cost of repairs relative to the price of a washing machine, there has been a major increase in the yearly number of defective washing machines being discarded, to the detriment of the environment. The cost of repair and the expected life of a machine may make the purchase of a new machine seem like the better option. [157]
CEO of OLX Autos in India is Amit Kumar. [35] OLX's operations in India, like other online retailers, has faced problems with fraud and faced problems with people selling stolen vehicles. In combating fraud, nearly 25% of the car listings get rejected by its systems to protect users from fraud. [36] [37] In August 2023, OLX's India business was ...
On 4 November 2016, Samsung recalled 2.8 million top-load washing machines sold at home appliance stores between 2011 and 2016 because the machine's top could unexpectedly detach from the chassis during use due to excessive vibration. [262]
Samsung Thales Co., Ltd. (until 2001 known as Samsung Thomson-CSF Co., Ltd.) was a joint venture between Samsung-Techwin and the France-based aerospace and defense company Thales. It was established in 1978 and is based in Seoul. [ 110 ]
Prices in the Kenyan shilling are written in the form of x/y, where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "-/ 50 " and 100 shillings as "100/ = " or "100/‑".
In 2011, Kenya signed a memorandum of understanding with the China Road and Bridge Corporation to build the Mombasa–Nairobi Standard Gauge Railway (SGR). Financing for the US$3.6 billion project was finalised in May 2014, with the Exim Bank of China extending a loan for 90% of the project cost, and the remaining 10% coming from the Kenyan ...
Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [64]