LG UNITES WITH PANASONIC TO FRONT CHINA HOME ELECTRICITY INDUSTRY
AsiaInfo Services, October, 2001
AsiaInfo Services 10-30-2001 LG Unites With Panasonic To Front China Home Electricity Industry CHINA, Oct 30, 2001 (AsiaPort via COMTEX) -- It's said in Korea that Korea LG Electronics and Japan Panasonic have come to an agreement at present to repel the competition from China home electricity enterprises.
They hope to reduce cost, enlarge competitive advantages, and form the international work divisions in themarket which will do good to their own enterprises through thecooperation. It's said that both of them has got the impact from Haier,which is the largest home electricity enterprise in China. According to the agreement, Korea LG decides that the air conditioning products will be made in Korea, the products which will be exported to Southeast Asia will...
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