As Europe roasts in a heatwave, Asia's air conditioner makers grab some cool cash

As Europe faces an extreme heatwave, companies in Asia, like Samsung, Midea, and Mitsubishi Electric, are seeing a surge in air conditioner sales. While air conditioning is standard in many Asian cities, it's not common in Europe, where people are struggling to cope with the intense heat. This situation highlights the stark difference in climate adaptation strategies between the two regions and underscores the growing global demand for cooling solutions amid rising temperatures.