local
European heat wave brings in cool cash for Asian air-conditioner makers as sales surge
By CNN Newsource at KVIA ABC-7
· June 26, 2026
· 3 min read
Story by Reuters
Seoul / Beijing (Reuters) — As Europe sweats through record-breaking temperatures, Asian makers of air conditioners, like South Korea’s Samsung Electronics, China’s Midea and Japan’s Mitsubishi Electric, are enjoying a boom in sales.
Air conditioning is common throughout buil...
Key takeaway “With temperatures expected to rise further from June onward, we expect sustained demand through the peak cooling season,” said Samsung Electronics in a statement to Reuters.
Why this matters in The El Paso
The surge in air conditioner sales in Europe may seem like a distant trend, but it has implications for El Paso residents who are no strangers to sweltering heat. As El Pasoans know, a reliable air conditioning system is not a luxury, but a necessity during the scorching summer months. The demand for air conditioners in Europe could lead to increased production and potentially lower prices for consumers in the US, including those in El Paso. However, the high cost of installation, as seen in Europe, is also a concern for local residents, particularly those living in older homes. El Paso's own experiences with heat waves and power outages make it clear that access to affordable and efficient cooling systems is crucial for public health and safety. As the city continues to grow and develop, it will be important to consider how to make air conditioning more accessible and affordable for all residents.
About this story
Original reporting by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 26, 2026 ·
Source: KVIA ABC-7 ·
Reading time: 3 min
Get more The El Paso stories like this
Free weekly briefing covering local and other local news. Curated by our editorial team. No spam.
By subscribing you agree to our privacy policy . Unsubscribe anytime.
Frequently asked about this story
What is this story about? Story by Reuters
Seoul / Beijing (Reuters) — As Europe sweats through record-breaking temperatures, Asian makers of air conditioners, like South Korea’s Samsung Electronics, China’s Midea and Japan’s Mitsubishi Electric, are enjoying a boom in sales.
Air conditioning is common throughout buil...
When was this published? This article was first published on June 26, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The El Paso, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter