Energy News  
TRADE WARS
Samsung buys US luxury home appliance maker Dacor
by Staff Writers
Seoul (AFP) Aug 11, 2016


Samsung Electronics said Thursday it had acquired US luxury appliance maker Dacor, as part of its push towards a full production line of high-end, Internet-connected homeware.

The purchase of the California-based company is the latest in a series of acquisitions by the South Korean electronics giant in recent years -- including that of US home automation startup SmartThings in 2014.

A Samsung statement gave no details on the value of the deal to acquire Dacor, whose products include stovetops, ovens, ranges and refrigerators.

Samsung -- the world's top smartphone maker -- is also a leading home appliance manufacturer, producing refrigerators, washers and air conditioners.

It has been on a something of a buying spree in the United States, snapping up a handful of firms including cloud computing start-up Joyent in June.

Samsung has been searching for ways to bolster profits beyond its key smartphone business as growth in the global handset market continues to slow.

It has rolled out a growing number of wireless devices or Internet-enabled home appliances in a move towards the nascent market for the Internet of Things, in which household appliances and electronic devices are all inter-connected.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
TRADE WARS
Putin says 'painstaking work' needed to rebuild Russia-Turkey trade
Saint Petersburg (AFP) Aug 9, 2016
Russian President Vladimir Putin said Tuesday that restoring trade ties with Turkey will take time and work, after his first meeting with counterpart Recep Tayyip Erdogan since Ankara shot down a Russian warplane last November. Putin insisted that he wanted to see relations with "our Turkish friends" return to previous levels but stressed that it would take time for Moscow to roll back a ser ... read more


TRADE WARS
Low sales prices hit Czech power giant CEZ in H1

New MIT system can identify how much power is being used by each device in a household

ORNL-led study analyzes electric grid vulnerabilities in extreme weather areas

Carbon-financed cookstove fails to deliver hoped-for benefits in the field

TRADE WARS
Making nail polish while powering fuel cells

Stanford-led team reveals nanoscale secrets of rechargeable batteries

Simulating complex catalysts key to making cheap, powerful fuel cells

Lithium-ion batteries: Capacity might be increased by 6 times

TRADE WARS
Wind power fiercer than expected

OX2 wins EPC contract for 112 MW wind power in Norway

E.ON starts new wind farm in Texas

Offshore wind the next big thing, industry group says

TRADE WARS
Installation of 2nd MW-scale sun2live solar power plant in Antigua has commenced

Material for polymer solar cells may lend itself to large-area processing

Tiny high-performance solar cells turn power generation sideways

ORNL optimizes formula for cadmium-tellurium solar cells

TRADE WARS
Nuclear Inspection Benefits from New Generation Sensor Lens

South Korea Relaunches Wolsong NPP's Reactor After Fixing Technical Problem

Japan reactor restarts in post-Fukushima nuclear push

Bulgaria seeks private money for nuclear plant

TRADE WARS
Biofuel production technique could reduce cost, antibiotics use

National Trust historic home enjoys 21st Century heat

Patented bioelectrodes have electrifying taste for waste

The Thai village using poop to power homes

TRADE WARS
China launches first mobile telecom satellite

China prepares for new round of manned space missions

China begins developing hybrid spacecraft

China to expand int'l astronauts exchange

TRADE WARS
Newly discovered 'blue whirl' fire tornado burns cleaner for reduced emissions

Hidden, local climate impacts of drought-friendly vegetation

U of T researchers reduce climate-warming CO2 to building blocks for fuels

Mountain environments more vulnerable to climate change than previously reported









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.