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It is majority-owned by foreign investors. [ 7][ 8] As of 2019, Samsung Electronics is the world's second-largest technology company by revenue, and its market capitalization stood at US$520.65 billion, the 12th largest in the world. [ 9] Samsung is the world's largest manufacturer of smartphones since 2011.
A washing machine (laundry machine, clothes washer, washer, or simply wash) is a machine designed to launder clothing. Modern-day home appliances use electric power to automatically clean clothes. The term is mostly applied to machines that use water as opposed to dry cleaning (which uses alternative cleaning fluids and is performed by ...
Notable works. Organizations and groups. People. Related social movements. See also. v. t. e. In economics and industrial design, planned obsolescence (also called built-in obsolescence or premature obsolescence) is the concept of policies planning or designing a product with an artificially limited useful life or a purposely frail design, so ...
Kenmore.com. Kenmore is an American brand of household appliances, cookware, floorcare, grills, HVAC equipment and other home items owned and licensed by Transformco, an affiliate of ESL Investments. [ 1] Previously they were a subsidiary brand of Sears Holdings, but after Sears Holdings filed for Chapter 11 bankruptcy on October 15, 2018 [ 2 ...
Footnotes / references. [ 1] Midea Group ( Chinese: 美的集团; pinyin: Měidì Jítuán) is a Chinese electrical appliance manufacturer, headquartered in Beijiao town, Shunde District, Foshan, Guangdong and listed on Shenzhen Stock Exchange. As of 2021, the firm employed approximately 150,000 people in China and overseas with 200 ...
The right-to-repair facets of appliances were a point of contention and lobbying between European consumer groups and appliance manufacturers. [66] Ultimately, the EU passed legislation in October 2019 that required manufacturers of appliances to be able to supply replacement parts to professional repairmen for ten years from manufacture.
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