Research and Markets: New Report Analyzes LG's Strategies and Developments in the...
Research and Markets: New Report Analyzes LG's Strategies and Developments in the Thai Market DUBLIN, Ireland--(Business Wire)--Research and Markets (http://www.researchandmarkets.com/reports/c77997) has announced the addition of LG Electronics Development Strategies and Challenges in Thailand to their offering. Thailand features the most comprehensive system of industries and components among the ASEAN countries. Domestic demand is fuelled by a population of 65 million, and Thailand features the geographical advantages of neighboring the potential markets in Myanmar, Laos, and Cambodia while also being in close proximity for the supply of the Malaysian and Singaporean consumer markets. In 1997 Korean giant LG Electronics set up factories in Thailand. It constructed a localized production system and established localized marketing strategies, while also supplying markets worldwide. Thailand has become LG Electronics third largest home appliances production base in the world after Korea and China. This report analyzes LG Electronics development strategies in Thailand. List of Topics Analyzes development of LG Electronics operations in Thailand, including the company's reasons for moving to Thailand, its initial evaluation of possible locations, official operations, management strategies, product and R&D strategies, and recent challenged faced by LG in Thailand. LG Electronics in Thailand: Overview LG Electronics Development in Thailand Production Location Assessment Period Preparation Prior to Operations Official Operations Organizational Adjustments, Suppliers, Product R&D Thailands Importance to LG Electronics Manufacturing Local Market Challenges for LG in Thailand Problems Caused by the "Made in Thailand" Label LG Electronics Intends to Improve Design Operations MIC Perspective Appendix LG Electronics, LGEMT, LGETH, National, Samsung, Sharp List of Tables Table 1 LG Electronics Evaluation of Possible Factory Locations in Southeast Asia For more information visit http://www.researchandmarkets.com/reports/c77997 Research and Markets Laura Wood, Senior Manager Fax: +353 1 4100 980 press@researchandmarkets.com Copyright Business Wire 2007
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