LG CEO visits major production facilities in Vietnam

Mr. Cho's trip reflects the importance of the Asian strategic market to LG, along with the goal of enhancing competitiveness, promoting growth in key business areas in particular and in the global market in general.

CEO LG đến thăm các cơ sở sản xuất chính tại Việt Nam - Ảnh 1. — LG CEO discusses production methods and quality control

With the orientation of maintaining a pioneering position in global markets in the future, LG has proposed practical policies such as optimizing local operating methods, providing international quality standards, competitive costs and fast, reliable delivery processes for customers. Accordingly, especially applied in the Asian market - LG's strategic region with outstanding business development potential, sales reached 7,800 billion won (6 billion USD) in 2022 - continuously increasing by 1,000 billion won (760 million USD)/year with double-digit growth in the past two years.

On the first leg of LG CEO’s Asia tour, Cho Joo-wan arrived in Ho Chi Minh City to hear reports on the company’s regional operations and discuss the state of each market, including Vietnam, which serves as a global manufacturing hub for LG’s electronics and home appliances. Cho also discussed a range of business issues, including how to improve production efficiency, verify mass production processes for new products, improve quality control and drive growth through mutually beneficial collaboration.

After leaving Vietnam, CEO Cho continued his visit to Thailand to visit a home appliance factory. His next destination was Jakarta, Indonesia to inspect the company's flagship OLED TV factory.

Mr. Cho emphasized: "In LG's vision, innovation and continuous improvement are the key to bringing excellent products and services to consumers. We are committed to seriously investing in production processes, quality control and redesigning the brand to optimize our products and services to serve consumers. That is the foundation for LG to become an iconic brand, regardless of generation and location, always dedicated to the mission of Innovation for a better life."

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