.LG showcases a new schedule of AI-powered big office washing machines and clothing dryers at Texcare International 2024 in Frankfurt, Germany.South Korean home device big LG Electronic devices Inc. is actually stepping up efforts to boost its own presence in the international business-to-business (B2B) market as the business experiences increasing headwinds coming from economical uncertainties.LG claimed on Thursday it is actually showcasing a brand-new lineup of AI-powered large-capacity office washing machines and also dryers at Texcare International 2024, a global B2B washing and textile care exhibit, composed Frankfurt, Germany, for 4 days from Nov. 6.
Kept every 4 years, Texcare is actually considered a significant worldwide B2B laundry as well as textile care event, alongside the Well-maintained Show of the US.This year’s Texcare event has actually brought in over 250 providers and also approximately 15,000 business experts, featuring those from lodgings, health centers and also huge laundry chains worldwide, according to LG.The LG Specialist Laundry schedule includes twenty-, 25- and also 30-kilogram washing machines, and also 25- and also 30-kg clothing dryers.LG’s artificial intelligence technology taken on at its LG Specialist Washing items on display screen at Texcare International 2024 in Frankfurt.LG also showcased a washer-dryer combo along with an optimum capacity of 25 kg for cleaning as well as 16 kilograms for drying.With the launch of the brand-new lineup, LG stated it intends to strengthen its own placement in the industrial laundry washing market in Europe and also worldwide.The products are furnished with LG’s state-of-the-art artificial intelligence modern technology, which immediately adjusts water consumption and also washing and also drying out opportunities based upon lots size, enabling a full cycle in merely one hr, the firm said.INDUSTRY’S FIRST TO ADOPT HEAT PUMP AT COMMERCIAL COMBOLG said the 25 kg washer-dryer combo sticks out being one of the biggest models in the heat pump combo category and also is actually the sector’s first commercial combination to use an inverter heatpump drying out module.LG Electronics CEO Cho Joo-wan talks to media reporters at IFA 2024 in Berlin.The proprietary technology dramatically minimizes drying times and also boosts energy effectiveness, creating LG’s brand new items ideal for businesses along with high laundry needs, such as accommodations and care centers, depending on to the company.Since entering into the international business laundry washing market in 2008, LG has actually been actually growing its own influence in the fast-growing segment.Earlier this year, the provider enhanced its collaboration with laundry, a leading United States washing service provider, to raise its visibility in the United States and Canadian markets.LG has showcased its washing equipment developments at primary shows, featuring Tidy Show 2022 as well as Texcare 2016.” Building on our success in the residential washing machine as well as clothing dryer market, our team are actually currently increasing our initiatives to lead the office laundry washing field, specifically in Europe,” pointed out Lyu Jae-cheol, head of state of LG Electronic devices Home Home Appliance & Sky Option Company.LG estimates the worldwide office washing machine market size at $3.5 billion.LG Electronics’ air conditioning device.LG Electronic Devices Leader Cho Joo-wan, that additionally passes his British title William Cho, mentioned earlier this year the business is actually helping make a major B2B press to make up for damaging requirement for customer electronic devices. LG runs a large range of B2B procedures, featuring auto electronics, home heating, venting and air conditioning (AIR CONDITIONING) systems, built-in appliances, clever factory answers, business display screens and also range of motion solutions.Under its own Vision 2030, the CEO stated LG will definitely go after three development chauffeurs: rise sales of non-hardware products, promote the B2B version and explore brand new development areas including power automobile charging and digital health.In the B2B section, the firm aims to achieve yearly purchases of 40 trillion gained ($ 28.7 billion) through 2030. Write to Eui-Myung Park at uimyung@hankyung.comIn-Soo Nam edited this article.