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LG Indonesia to Expand Production Capacity for Refrigerators
Jun 21, 2004
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LG Electronics Indonesia (LGIN) said it will expand its production capacity for refrigerators to 360,000 units this year from 200,000 units annually last year.

LGIN Marketing Manager Sung Khiun said demand for its products of refrigerators is increasing in the international market. Mr. Khiun also predicted that demand in the domestic market will increase ahead of the Islamic fasting month and Idul Fitri celebrations.

The falling value of rupiah to the level of around 9,400 per U.S. dollar from last year's 8,500 has prompted the company to boost exports, he said. (ANTARA)

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