| Samsung eyes 22 pc of Indian AC market this year
NEW DELHI: Korean consumer electronic major Samsung is gearing up for the upcoming summer with plans to corner about 22 per cent of the expected 2.25 million home air conditioners market in India.
Samsung India Electronics Pvt Ltd, the subsidiary of the Korean firm today announced its foray into the capacity segments like 0.8T and 1.6T in split ACs and 1.6T in window ACs by launching a new range comprising 10 different star rated AC models as part of its strategy.
"We expect our split AC volumes to grow from around 50 per cent contribution level witnessed last year to around 58 per cent of our total AC volumes this year," Samsung India Deputy Managing Director R Zutshi said in a statement.
The total AC market in India last year was around 1.8 million units, which is expected to cross over 2.25 million units by the end of this year.
Copper thefts continue in Valley
On the rooftop of a strip mall near Hollenbeck Street and the 10 Freeway, burglars stripped six air conditioners of their copper coils in recent weeks. Then they returned to pull apart three more air conditioning units. Although the thieves may have made about $900 for two nights' work, businesses like World Gym, Dental Fun Zone and several others were left sweltering - and facing an estimated $100,000 in damage, said one expert called in by the West Covina police. "We have a rash of copper thefts - and not just in our city," said Cpl. Rudy Lopez. Thefts of copper, aluminum and other metals have increased in recent years as the materials' value has soared, but their worth to the burglars is still far less than the damage done to the victims, authorities said. The nighttime game lights are dead at Little League fields in Montclair and Hacienda Heights because of copper stolen in the past two weeks.
German Firm To Bring 289 Jobs
A German company that makes compressors for industrial air-conditioning and refrigeration equipment is planning to open a manufacturing facility employing 289 people in the East Syracuse area, state officials say. Gov. Eliot Spitzer mentioned the plans by Bitzer Scroll in his State of the Upstate address Jan 16 in Buffalo, but he made no mention of it when he spoke later the same day to the Greater Syracuse Chamber of Commerce's economic forecast luncheon. A Bitzer Scroll representative said Monday the company was planning a formal announcement about its plans and he could release no details until the announcement was made. State and local officials would normally make a big deal when a manufacturer decides to open a plant and create nearly 300 local jobs.
Statements from victims' families
I Lisa Bigjohn, went through the great loss of losing my sister. It has affected my life a lot. I now live in a dark world. Because of this persons actions, my life has totally changed. I am not the same person I used to be. A part of me is still out there searching for her. Sometimes I see someone that looks like her and it shocks me. I cant shake the manner of her death. I live in fear now because of how she was murdered. When I hear a scream it gives me an image of her screaming and begging for her life. Her loss has brought anger into the lives of my children. They always express to me how could something like that happen to her, she was streetwise? I feel that my family is being punished by this mans actions. The murder of my sister brought a lot of pain into my familys lives.
Transcript of The Times interview with David Petraeus
The months of April, May, June even into July, and the very tough casualties that we sustained and that our Iraqi partners sustained as we went into al-Qaeda sanctuaries and had to fight to take them away, which was again, we knew it was going to happen. You may recall that I said this is going to get harder before it get easier, but that was very, very hard. And there were moments when General Odierno [Commanding Genral of US III Corps] and I would look at each other and say ’When are we going to get to that point? When are we going to cross this?’ It did finally come, although I am not implying that we have turned corners or are seeing lights at the end of the tunnel or are doing victory dances in the end zone because we are doing none of that. Ambassador Crocker and I won’t even characterize ourselves as an optimist or a pessimist at this point.
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