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

LG to Invest in Zenith Unit
Sep 26, 2003
 Printable format
 Email this Article
 Search

South Korea-based LG Electronics Inc. said it will invest 246.4 billion won (approx. U.S. $214.7 million) in its U.S. Zenith Electronics Corp. unit on Oct. 15, 2003.

In a filing to the Financial Supervisory Service, LG, a home appliance and consumer electronics maker, said the investment is an effort to promote exports and to boost profit at the unit.

Illinois, U.S.-based Zenith Electronics sells digital televisions. It emerged from Chapter 11 bankruptcy protection in 1999 as a unit of LG Electronics and posted full-year 2002 revenue of 298.5 billion won (approx. $260.2 million). (Dow Jones)

Back to Daily News

 

Daily News

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

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Ar├želik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

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

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

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
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