Even at a time it was acquired by Samsung Electronics, Dacor, founded in 1965, was considered to have a high level of technology particularly in the areas of ovens and cooktops that are used commonly by American households.
In the refrigerator category, however, Dacor was found to have some grounds to cover. In particular, it failed to apply Internet-of-Things technology for refrigerators.
Samsung believed that Dacor could take a leap further if Samsung's smartphone technologies and patents in refrigerators are applied for Dacor models. The Modernist Collection that Dacor showed off on March 15 featured a full-fledged combination between the strengths of Dacor and Samsung Electronics.
The induction cooktop uses virtual flame to display the flame's strength. The hood is interconnected with the cooktop, turning itself on automatically when the cooking process begins.
South Korea’s top financial regulator will cut reserve requirements by half for insurance firms’ cross-border infrastructure assets from as early as June, paving the way for domestic insurers to boost overseas alternative investments. The Financial Supervisory Service (FSS) is working&hellip
The Government Employees Pension Service (GEPS) has awarded overseas private debt fund mandates for opportunistic strategies to Apollo Global Management and Cerberus Capital Management to invest up to $160 million, according to the South Korean pension fund on March 24.&hellip
HI Investment & Securities Co. Ltd., an affiliate of South Korean shipbuilder Hyundai Heavy Industries Co. Ltd., has established an offshore aircraft leasing company to buy two used Boeing 777-300ER aircraft from a Chinese leasing firm for $209 million, jointly&hellip