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As of November 2020, the industry was estimated to be worth ৳ 26700 crore (US$2.2 billion), with a yearly growth rate of 11%. [1] As of 2024, locally manufactured and assembled televisions had a 90% market share, 70% to 75% air conditioners (AC) were manufactured locally and 80% domestic demands of refrigerators were met by local manufacturers.
LG Smart Refrigerator at CES 2011. A smart refrigerator is a refrigerator that is able to communicate with the internet. [1]
The LG Internet Digital DIOS (also known as R-S73CT) is an internet refrigerator released by LG Electronics in June 2000. The technology is the result of a project that started in 1997 and staffed by a team of 55 researchers with a budget cost of 15 billion won (US$49.2 million).
LG was also an official supplier to Virgin Racing and Lotus Racing team, plus engine manufacturer Cosworth from 2010 to 2012. [100] LG also sponsors London Fashion Week and the LG Arena in Birmingham. [101] During the period 2001–2003, LG sponsored the snooker Grand Prix. During these years the tournament was known as the LG Cup. In 2008, LG ...
A large domestic refrigerator stands as tall as a person and may be about one metre (3 ft 3 in) wide with a capacity of 0.6 m 3 (21 cu ft). Refrigerators and freezers may be free standing, or built into a kitchen. The refrigerator allows the modern household to keep food fresh for longer than before.
It was originally defined as the rate of heat transfer that results in the freezing or melting of 1 short ton (2,000 lb; 907 kg) of pure ice at 0 °C (32 °F) in 24 hours. [1] [2] The modern definition is exactly 12,000 Btu IT /h (3.516853 kW). Air-conditioning and refrigeration equipment capacity in the U.S. is often specified in "tons" (of ...