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China More Carrier Launches Aqua- Flow Variable Water Volume System Carrier China introduced its innovative AquaFlow variable water volume (VWV) system leveraging leading hydronic and variable refrigerant flow (VRF) technologies to deliver superior indoor comfort and maximum efficiency. 2.1 China Photo Report of CRH 2013 in Shanghai Ozone2Climate Roadshow and Industry Roundtable 2013 in Shanghai Secop, compressor manufacturer Japan More Daikin Industries Yearly Profits Up Daikin Industries, Ltd. (Osaka Japan) consolidated results showed net sales of 1,290,903 million yen (approx. US$12.7 billion) in its most recent fiscal year, which ended March 31, 2013. Daikin is the parent company of U.S.-based HVAC companies McQuay and Goodman. 2.3 Japan Component Industry News in Brief: Haier Component Industry News in Brief: Daikin Component Industry News in Brief: Hitachi Korea More 2.6 South Korea Local manufacturers take 90% of the Korean VRF market, and LG and Samsung’s combined market share reaches 85%. LG launched its latest VRF system, the Multi V IV, in South Korea. Samsung has developed the new DVM S VRF system featuring an inverter scroll compressor manufactured in-house. 1.5 South Korea Samsung Introduces Innovative DMV S Samsung VRF Stepping up Efforts to U.S. Market LG Electronics USA Launches LG Excellence Program for HVAC Contractors+ Brazil More 4.3 Brazil Economic conditions were stable in Brazil in 2012, and the level of consumer confidence was good in general. As Brazil is a tropical country, there are sales improvements in the spring and summer, mainly in small-capacity air conditioning systems. Brazil is seeing large investments in the petroleum sector, which is promoting development in several economic segments. 2.7 Latin America: Brazil 1.10.1 Brazil 1.10 Latin America Febrava / Conbrava 2013, Brazil September 17--20, 2013 Southeast Asia More Mitsubishi Smart Meters Will Include Echelon Smart Grid Protocol Mitsubishi Electric Corp. will integrate Echelon Corp.'s Open Smart Grid Protocol (OSGP) into its line of smart meter products, which are designed for international markets. Mitsubishi is a Tokyo-based conglomerate that produces home appliances and is active in a number of other industries. 4.4 Indonesia Component Industry News in Brief: Sumitomo Light Metal 1.6.6 The Philippines 1.6.5 Vietnam

USA More HRAIs Annual Meeting Theme: Succeeding Through Leadership "Succeeding Through Leadership" will be the theme for the 45th Annual General Meeting (AGM) and Conference of the Heating, Refrigeration and Air Conditioning Institute of Canada (HRAI). The 2013 AGM will be held August 21-24, at The Westin Bayshore in Vancouver, British Columbia. Existing Home Sales Up in April DOD Challenge Announces Final Call for Energy Solutions Manual S Residential HVAC Standard Available for Review Building Energy Labeling Program Expanded Europe More Liebherr Wins Good Design Award Liebherr announced in May 2013 that its integrated (built-in) ECBN 5066 refrigerator was awarded the international Good Design award for the first time in the United States. Wigan the centre for Japanese-led heat pump study Market Trends by Country: Spain Market Trends by Country: Germany Market Trends by Country: The United Kingdom India More 4. Special Contributions: 4.1 India The year 2012 witnessed a continuation of the economic slowdown that started in 2011 with the market for air conditioners remaining stagnant and declining marginally over 2011. Increased input costs for raw materials such as copper and steel, the weakening of the rupee versus the dollar and delays in real estate projects have all contributed to the stagnation in the air conditioner market. 2.5 India 1.7 Indian Subcontinent: 1.7.1 India Power demand touches 4,949MW Panasonic aims 20% market share in split AC sector Russia More 4.2 Russia Russia’s GDP in 2012 grew 3.4%, while official inflation stood at 6.6%. Consumer expectations had a serious impact on the market, as nominal wage growth was accompanied by faster growth in food prices, household running costs, and transportation costs. Market Trends by Country: Russia 1.3.8 Russia Russia to ban disposables in bid to stop illegal imports Climate World 2013 in Russia -- Photo Report Middle East More Component Industry News in Brief: Sharp Taking steps for expanding the home electric appliance business in the Middle East, the company intends to extend the line of products for users in the upper class, centering on air conditioners with a Plasma-cluster ion emitter, air purifiers, refrigerators, washing machines and LCD TVs. 1.9.3 Iran 1.9.2 UAE 1.9.1 Saudi Arabia 1.9 Middle East