UPDATE 1-Whirlpool's washer battle with Samsung, LG heats up at trade hearing [Reuters]
Whirlpool Corporation (WHR)
Last whirlpool corporation earnings: 4/30 04:10 pm
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Source: Reuters
Whirlpool's washer battle with Samsung, LG heats up at trade hearing | Reuters 4 Min Read WASHINGTON (Reuters) - Appliance giant Whirlpool Corp ( WHR.N ) on Thursday called on the U.S. International Trade Commission to impose “global safeguard” restrictions on imported washing machines to stop its South Korean rivals Samsung and LG from flooding the American market with cheap machines. In testimony to the trade body, Whirlpool Chief Executive Officer Jeff Fettig accused Samsung Electronics Co Ltd ( 005930.KS ) and LG Electronics Inc ( 066570.KS ) of pursuing a strategy of moving operations around the world to avoid paying U.S. duties. “Without safeguard relief, it is hard to see how we maintain our competitiveness in the face of a continued onslaught of low-priced imports,” Fettig said. He said the companies had moved major manufacturing operations to five different countries to avoid anti-dumping duties being imposed by the United States on their washing machines. “A global saf
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News
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WHR
Earnings
- 4/24/24 - Beat
WHR
Sec Filings
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/23/24 - Form 8-K
- WHR's page on the SEC website