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LG TO RECEIVE AHRI PERFORMANCE AWARDS FOR THE SECOND CONSECUTIVE YEAR

12/08/2020

LG TO RECEIVE AHRI PERFORMANCE AWARDS FOR THE SECOND CONSECUTIVE YEAR

Company's Products Recognized In Six Product Categories All At Once for the Second Consecutive Year at AHRI

SINGAPORE. Aug. 12, 2020 — LG Electronics (LG) was recently recognized for its differentiated technology and performance in the US for its HVAC solutions used in commercial and residential segments.

Following last year’s success, LG won the Performance Awards by Air-Conditioning, Heating & Refrigeration Institute (AHRI) for six air-conditioning product categories.

For the Performance Awards, it is difficult to receive as all products from each category randomly selected by the AHRI must pass the first performance test for three consecutive years. After AHRI chooses 20 percent of each manufacturer’s products in each product category at random, experts from leading standard certification authority, Intertek, assess whether actual performance matches up with the listed specifications. The award is given based on the results of performance tests for North American models of the product categories.

Founded in 1953, AHRI has a membership of approximately 350 air conditioning manufacturers from around the globe. The organization is well-known for thorough product evaluation, therefore is highly trusted by consumers.

From 2016 to 2018, a total of 63 models of LG air conditioning systems across the six flagship product categories passed the performance evaluation conducted by the organization for the third consecutive year, including Variable Refrigerant Flow (VRF), Unitary Small Heat Pump (USHP), Packaged Terminal Air Conditioner (PTAC), Packaged Terminal Heat Pump (PTHP), Water-Cooled Screw Chiller, and Air-Cooled Screw Chiller.

Multi V, LG’s flagship large capacity outdoor unit, stands out in the commercial air-conditioning market due to its Ultimate Inverter Compressor with high performance and energy efficiency. The product is popular in the northern part of the US, where temperatures in winter are much lower, as it can be operated even in temperatures as low as -30 degrees Celsius (-22 degrees Fahrenheit).

Multi V S is a compact yet powerful VRF for premium residences such as condominiums and mansions. Up to 16 indoor units can be connected to one outdoor unit, enabling smooth cooling and heating of even in large residential areas. Indoor units can be installed in a wall-mounted, ceiling cassette, or duct-type configuration, giving consumer incredible flexibility.

PTAC is an all-in-one air conditioning solution, commonly installed in hotels due to its outstanding durability. LG increased the capacity of durability by applying special coating technology to prevent corrosion of heat exchanger.

Based on differentiated and distinctive technology, LG has been growing for 11 consecutive years in the US air conditioner market. Also, the company’s sales have more than doubled, compared to five years ago.

“LG will strengthen competitiveness in the US market with its differentiated technology and certified air conditioning solutions,” said Lee Kam-gyu, executive vice president of the Air Solution Business Unit at LG’s Home Appliance and Air Solution Company.

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■ Appendix

Product Category	2016	2017	2018	Three-year Accumulation
VRF *Multi V (65k Btu/h or above)	7 Models	7 Models	7 Models	21 Models
USHP *SCAC, Wall-mounted, Multi, Multi V S (65k Btu/h or below)	5 Models	6 Models	7 Models	18 Models
Air-Cooled Screw Chiller	2 Models	2 Models	2 Models	6 Models
Water-Cooled Screw Chiller	2 Models	2 Models	2 Models	6 Models
PTAC	2 Models	2 Models	2 Models	6 Models
PTHP	2 Models	2 Models	2 Models	6 Models
Total	20 Models	21 Models	22 Models	63 Models

About LG Electronics, Inc.

LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing 77,000 people working in 125 locations around the world. With 2017 global sales of USD 55.4 billion (KRW 61.4 trillion), LG comprises five business units ― Home Appliance & Air Solutions, Home Entertainment, Mobile Communications, Vehicle Component Solutions and Business Solutions ― and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. For more news and information on LG Electronics, please visit www.LGnewsroom.com.

About LG Electronics Air Solution Business Unit

LG Electronics’ Air Solution Business Unit is a global leader in HVAC and energy solutions with a comprehensive portfolio of proven expertise and performance. Launching Korea’s first residential air conditioner in 1968, LG has paved the way for total HVAC solutions over the last five decades through strategic utilization of advanced technologies. With a well-established production base and industry-leading capacity, the company provides effective HVAC solutions for both the commercial and residential sectors. Its wide range of cutting-edge systems for heating, ventilation and air conditioning truly represent LG’s initiative in offering the most optimized solutions for a variety of uses. Pursuant to its mission of “Innovation for a Better Life,” the company offers solutions boasting high energy efficiency and reliability based on its state-of-the-art knowhow and technologies to ensure the most optimal environment for users. For more information, please visit www.LG.com.

About LG Electronics Singapore Pte Ltd

LG Electronics Singapore Pte Ltd (LG Electronics Singapore) is a fully-owned subsidiary of LG Electronics Inc., the pioneer and market leader of the Korean electronics industry. LG Electronics Singapore operates three business units – Home Entertainment, Mobile Communications and Home Appliance & Air Solution. In recognition of its vision to enrich people’s life with smart technologies and innovative design, LG Electronics Singapore has been recognized with prominent local and international accolades, such as the CNET Asia Editor’s and Readers' Choice Awards, HWM+HardwareZone.com Tech Awards, Red Dot Design, and GfK No. 1 Awards. For more information, please visit lg.com/sg.

Media Contacts:

Valerie Ong

LG Electronics Singapore

E-mail: valerie.ong@lge.com

Pearlene Wong

Asia PR Werkz

Tel: +65 9271 7890

E-mail: pearlene@asiaprwerkz.com

Mark Juan

Asia PR Werkz

Tel: +65 9005 3361

E-mail: mark@asiaprwerkz.com

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