Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Samsung Indonesia Aims to Double Sales of Local Products
Aug 26, 2003
 Printable format
 Email this Article
 Search

Korean-owned PT Samsung Elektronik Indonesia (SEIN) said it plans to double its sales of locally assembled products to U.S. $300 million this year.

Sales director Lee Kang Hyun said yesterday that Samsung’s sales of its local products were valued at $150 million last year.

Mr. Lee added that SEIN has increased its production to meet growing market demand and predicted that Samsung will move to dominate sales of TV sets, washing machines, and refrigerators in the country.

Currently, the company is number five in market share for its TV, washing machine, and refrigerator products. The company said it has set aside $100 million to promote sales of its electronic products in the country.

Mr. Lee said his company set a 5-percet growth in exports to $850 million this year from $800 million in 2002. (Asia Pulse, ANTARA)

Back to Daily News

 

Daily News

...........................................................

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

Oct 22, 2014: ACCA wants the HVAC manufacturers to develop open, universal communication protocols

Oct 22, 2014: IHA launches website to connect OEMs with consumers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows