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 Electronics Indonesia to Boost AC Output
Jul 28, 2004
 Printable format
 Email this Article
 Search

PT LG Electronics Indonesia (LGEIN) said it will increase its air-conditioner (AC) production to 115,000 this year from 100,000 last year to meet growing demand.

The company's corporate planning manager, Moon Ik Jang, said the plan to raise AC production was aimed at increasing its domestic market share which currently stands at 20 percent.

To raise the AC production, LGEIN would increase its investment by U.S. $11 million this year, he said.

"We must convince the LG head office in South Korea of our wish to make Indonesia the company's AC production center in Southeast Asia due to its huge market," he said.

LGEIN's marketing general manager, Sung Khiun, meanwhile, said Indonesia's AC market would grow significantly to 750,000 this year compared to 500,000 last year. (ANTARA)

Back to Daily News

 

Daily News

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

Jul 31, 2014: LG Home Appliance, LG Air Conditioning See Lower Quarterly Sales

Jul 31, 2014: AHAM Canada New Chair is Doell of Samsung Electronics Canada

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows