JARN News
Fujitsu General Remains Australia’s Most Trusted AC Brand
Australia’s Favorite Air, Fujitsu General, has received the ultimate seal of approval and has been voted by Australians as the 2020 Reader’s Digest Most Trusted Brand: Air Conditioning, fo...
Daikin Invests in U.S. Company Locix to Accelerate AC Soluti
On April 16, 2020, Daikin announced that it has recently underwritten approximately US$ 2 million for a capital increase through third-party allocation by Silicon Valley-based startup Locix. Locix employs spatial intelligence solutions that use a combination of indoor positioning technology, advanced artificial intelligence (AI), and WiFi to acquire and analyze location, as well as spatial and ...
Panasonic India Introduces Connected ACs
Panasonic India announced in Hyderabad on February 20 the launch of its new range of connected air conditioners. “We are expecting aggressive growth. Catering to the growing preference for connected air conditioners, with this launch, we aim to take our market share to 10%, with 25 to 30% growth in the air conditioner segment in fiscal year (FY) 2020–2021,” said Gaurav Sah, busin...
Danfoss India Outlines Its Vision
Danfoss India organized a round table conference on February 28 to share its performance and outline its vision. It was addressed by Ravichandran Purushothaman, president; Anuraaga Chandra, head, cool...
2.8 AUSTRALIA
According to the International Monetary Fund (IMF), Australia’s GDP in 2019 grew by 1.7% compared with 2018. The VRF market increased by 3.7% year on year, with total market demand at 15,900 ...
2.7 LATIN AMERICA
The political environment in Latin America has been unstable, and changes of government are the main causes of social and economic instability. In particular, during years in which general and preside...
2.6 INDIA
Reported by Rakesh Kumar, managing editor, ISHRAE Journal Economic Scenario India’s GDP growth for the financial year from April 2019 to March 2020 is estimated at 6.1%, against 7.3% in the ...
