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    MB Patil Showcases Karnataka’s Investment Potential During Denmark Roadshow

    Roche’s Lunsumio and Polivy combination significantly prolongs remission for people with relapsed or refractory large B-cell lymphoma

    | Meghna Ghodawa-
PHOTO CREDIT-

    Beat the monsoon greys in style with India’s first UPF resort-wear line by Meghna Ghodawat

    PHOTO CREDIT:The Jamaica Tourist Board (JTB)

    Jamaica Tourism Launches a Brand-New Campaign “70 Days of Jamaica Love” to Celebrate 70 Years of Jamaica

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    Panasonic-partners-with-MeitY-Nasscom-Centre

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Install CCTV Cameras at K.R. Market: Suralakar Vikas Kishor

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    Herbalife’s Aloin Identification Method for Aloe Vera Officially Recognized by AOAC INTERNATIONAL

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    WHO issues first global guideline to improve pregnancy care for women with sickle cell disease

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    “Indian patients no longer need to look abroad for advanced treatment,” said Dr. Sharat Damodar, Senior Consultant, Haematologist and Head of Adult BMT at Narayana Health City, Bengaluru and Chairman of the Oncology Collegium at Narayana Health.

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LG TO FURTHER DIVERSIFY TV PRODUCTION FOR A MORE EFFICIENT, GLOBAL FOOTPRINT

Two Lines from Gumi, Korea to be Relocated to New Asia Hub Indonesia, Increasing Capacity by 50 Percent

FWM by FWM
May 20, 2020
in Business
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SEOUL, May 20, 2020 — At a time when many other manufacturers are cutting back, LG Electronics (LG) is expanding its TV business with an eye on further diversifying its production footprint and stepping up capacity. The key component of this strategy will be LG’s Cibitung facility in Indonesia which will become the company’s new regional hub, taking over two of the six production lines currently running at in Gumi, South Korea. The move is expected to boost the efficiency of LG’s TV manufacturing across the globe, with Gumi maintaining its status as the control tower and taking on more work for LG’s other growing businesses.

The move is part of a larger picture to realign LG’s production strategy to be more closely aligned with shifting demand. Increasing capacity at the Indonesian site will allow LG to better supply consumers in Asia and Australia. The greater European market will continue to be supplied by the Mlawa plant in Poland while Reynosa and Mexicali in Mexico will be the primary source of TVs for LG in North America.

Established in 1995, the Cibitung facility will be upgraded with advanced automation across all production processes including assembly, quality inspection and product packaging to produce TVs, monitors and digital signage products. With the expansion and upgrade, LG Cibitung will increase its annual capacity by up to 50 percent.

LG Gumi’s role as the control center for LG’s TV and related display businesses worldwide will become even more important as it focuses on the manufacture of high-tech displays such as LG’s ultra-premium TVs and medical monitors. Gumi will be the center of research and the testing ground for more efficient manufacturing processes.

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