Samsung, LG target Europe's heat pump market as boiler bans loom

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Source: The Korea Herald
Published: 2026-04-12 12:29 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Europe, Economy & Finance, Weather, Financial Markets, World News, Business & Economy
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Snippet:
Samsung and LG are pouring billions into Europe's heat pump market, snapping up established firms to position themselves ahead of binding EU decarbonization deadlines even as the sector recovers from a two-year sales slump.
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