LG Shifts Gears, Refits Phone Factories For Appliances
As LG pulls out of the smartphone market, the Korean giant is shifting its mobile facilities to produce home appliances, PCs, and monitors.
LG’s plant in Manaus, Brazil, has been approved for an expansion that will see monitor and laptop production move there from its Taubaté site on the east coast, which was originally set up to make phones as well as monitors and laptops. The move will see LG consolidate its manufacturing in Manaus, with Taubaté repurposed as a customer call centre.
“We will continue to provide local employment opportunities and ensure uninterrupted service to our customers and partners across South and Central America.
“The Manaus expansion allows us to achieve both goals and we are extremely grateful to the Brazilian government and the state of Amazonas for supporting the project and recognizing its value to the local economy and community,” said Seo Young-moo, senior vice president of LG Brazil Manaus production.
As reported in the Korea Herald, the Manaus consolidation follows the conversion of LG’s smartphone factory in Haiphong, Vietnam, to make appliances.
LG this year made the decision – seen as a long time coming – to pull out of the smartphone market following years of lacklustre sales. This was despite the announcement of its rotating dual-screen Wing phone, as well as a rollable phone which will still be released in limited numbers.