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.
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
ING Life Insurance Korea Ltd. sees core office buildings and infrastructure in the US and Europe remaining as attractive targets even in the periods of interest rate rises, with asset price gains likely to be offset by rent increases, said&hellip
South Korean investment firms, which have recently snapped up prime office buildings and warehouses in the US and Europe, are struggling to raise capital from domestic institutional investors, under increasing pressure to abandon the deals or tap retail investors. JB&hellip