On the invitation of CG Electronics (Chaudhary Group), Mr. Sungho Chun, MD of LG Electronics, Singapore, visited Nepal and inaugurated the TV assembly factory of LG at Satungal, Kathmandu in collaboration with Chaudhary Group on September 21, 2022.
His visit also marks the long-term collaboration between LG Electronics Inc., South Korea, and Chaudhary Group.
A team of technical experts from LG Electronics Inc. consistently supervises and supports the Nepali engineering team to ensure the quality of the products assembled in Nepal matches the LG standard.
Excited by his visit, Mr. Chun said, “already famed for its quality products and services throughout the world, LG products have also been widely loved in Nepal. Our past experience with Chaudhary Group has encouraged us to use this collaboration to extend our services to more households in this beautiful country.
The new assembly plant opens the door to more avenues for us to make LG products more affordable for this market. In the future, we will look into more ways to add value to our customers in Nepal by exploring new opportunities.”
In the near future, LG home appliances and entertainment appliances will start assembling and manufacturing in Nepal, which will help to reduce the cost of products for Nepali customers.
“We are honoured to be a part of such world-class brand as LG in Nepal with CG since 1988 (35 years). The announcement of long-term collaboration between LG Electronics Inc. and Chaudhary Group will definitely help in bringing more FDIs in Nepal.
This will also help in creating new employment opportunities within Nepal. Nepali customers will also be benefitted with premium home appliances at more affordable price while enjoying quality services,” Mr. Nirvana Chaudhary, Managing Director, Chaudhary Group, expressed his gratitude towards Mr. Chun and LG Electronics Inc. for making this collaboration successful.
Mr. Chun also visited LG Shoppe at Min Bhawan, Kathmandu, and ensured the expansion of such showrooms across Nepal in the near future to provide a better customer experience and reach. As of today, LG already has 8 such showrooms in the country.
Mr. Chun also visited CG Industrial Park at Devachuli, Nawalparasi to observe the possibilities for establishing a TV panel manufacturing unit in Nepal.
He also took a tour and observed the Digital Class Room (a digital school established by Chaudhary Foundation in collaboration with LG Electronics Inc.) at Shree Shanti Srijana basic level school in Devachuli, Nawalparasi.
As a CSR initiative, Digital Class Room is helping school students get a holistic academic education through digital learning support. As of today, the organization has already equipped 24 community schools in 4 provinces and 9 districts and is looking to expand across the country.
LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. Headquartered in Seoul, South Korea, LG saw global sales of over USD 63 billion in 2021.
LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, service robots, automotive components, and its premium LG signature and intelligent LG ThinQ brands are familiar names the world over.