As Europe roasts in a heat wave, Asia's air-con makers grab some cool cash

As Europe sweats through record-breaking temperatures, Asian makers of air conditioners, like South Korea's Samsung Electronics 005930.KS, China's Midea 0300.HK and Japan's Mitsubishi Electric 6503.T, are enjoying a boom in sales.Air conditioning is common throughout buildings, transport and homes in major cities across Asia, but it is rare in Europe and people are struggling to stay cool as searing heat claims lives, disrupts power supplies and shuts schools.Seeking respite from the sizzling weather, people and companies across Europe are snapping up portable and fixed air conditione…READ FULL ARTICLE