LG has sold its 15 millionth refrigerator worldwide powered by its proprietary Inverter Linear Compressor.
The Korean technology giant saw an eight per cent increase in sales of its premium refrigerators last year, compared with the previous year. It expects to sell four million more units this year, which is an average of seven refrigerators sold every minute.
According to LG, its Linear Compressor converts linear motion into cooling power more efficiently than conventional rotary compressors, reducing energy consumption and noise levels in the process.
LG’s fifth generation Inverter Linear Compressor, introduced in 2014, delivers 55 per cent better energy efficiency and 15 per cent less noise than its first-generation compressor.
LG expanded its range of refrigerators last year with its new Centum System refrigerator, developed specifically for the European market.
“Our commitment to developing core technologies such as the Inverter Linear Compressor is a key element of the success of LG refrigerators all over the world,” said Song Dae-hyun, president of LG’s Home Appliance & Air Solutions Company. “Our priority to enhance refrigerator performance, reduce noise levels while using less energy is how we continue to bring value to our customers.”