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Japan domestic ac shipments hit record high

JAPAN: A hot summer provided a boost to Japanese residential air conditioner shipments in 2018, increasing by 9.4% year-on-year to JPY790.9bn ($7.2bn) in 2018. 

The number of units increased by 8.1% to 9.65 million, the third consecutive year of growth.

Latest News

21st December 2024

Hoshizaki takes 51% stake in Vietnamese company

JAPAN,VIETNAM: Hoshizaki, the Japanese manufacturer of commercial food and beverage refrigeration equipment, has acquired a majority shareholding in Vietnamese company Asia Refrigeration Industry (ARICO).
20th December 2024

Giles Pratt set to retire

UK: Giles Pratt, sales specialist at Fujitsu General Air Conditioning UK, is set to retire after a career spanning 40 years in the UK air conditioning industry.
20th December 2024

Vertiv acquires centrifugal chiller technology

UK: Vertiv has invested in centrifugal chiller technology with the acquisition of certain assets of BiXin Energy Technology (Suzhou) Co (BSE).
20th December 2024

Mitsubishi Electric buys Irish agent

NETHERLANDS/IRELAND: Mitsubishi Electric Europe is to acquire all the shares of its Irish agent – air conditioning installation and maintenance company Crystal Air Holdings Ltd.
20th December 2024

Daikin joins green initiatives agreement

UK: Heat pump manufacturer Daikin has signed a memorandum of understanding (MoU) with the West Yorkshire Combined Authority to support jobs, skills training, warmer homes and more sustainable power.
19th December 2024

Foodservice equipment wins F-gas exemption

EUROPE: The foodservice industry has obtained a temporary exemption to a January 1 ban on certain self-contained refrigeration equipment under the new European F-gas regulations.