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Event Brief

Heatwave drives European air-conditioner sales boom

A deadly Europe heatwave is boosting sales of portable and fixed air conditioners by Asian manufacturers.
WHO: Samsung Electronics; LG Electronics; Midea; Mitsubishi Electric
WHAT: Asian air-conditioner manufacturers report increased sales and full production capacity amid Europe’s heatwave.
WHEN: Jul 17, 2026 at 2:14 AM ET
WHERE: Europe
WHY: The deadly heatwave is frying much of Europe, disrupting power supplies, shutting schools, and driving demand for cooling.

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