FTC in South Korea fines Samsung, 5 other air purifier makersStaff Writer | May 29, 2018
South Korea’s corporate watchdog on May 29 levied a combined 1.56 billion won ($1.45 million) in fines on Samsung Electronics, Coway and four other air purifier makers for providing insufficient and misleading information on their products.
Asia Air purifying facilities
The market for air purifiers in Korea has been exploding as more consumers are becoming concerned about fine dust levels in the atmosphere.
Sales of air purifiers in the country are expected to reach around 2 million to 2.5 million units this year, with some expecting the figure to reach as high as 3 million units, industry watchers said.
The government announced recently that it will install air purifying facilities in all preschools, elementary schools and special institutions in three years. ■