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LG Electronics, in collaboration with Rancon Electronics Limited, has inaugurated a television manufacturing facility at Rancon Industrial Park in Gazipur.
This strategic partnership marks a significant milestone in the television industry of the country, with the new factory set to produce the latest models of LG's smart televisions, said a media release.
Rancon Electronics Limited already recognized for its advanced TV manufacturing capabilities, will now manufacture a variety of LG televisions, including the world-renowned OLED models. This initiative is expected to meet an annual target demand of around 1 lakh units in the domestic market, it added.
The grand inauguration event witnessed the presence of key executives from both companies.
Representing Rancon Electronics Limited were Group Managing Director Romo Rouf Chowdhury, Managing Director Farhana Karim, Divisional Director Imran Zaman Khan, and Executive Director Quazi Ashiq Ur Rahman. From LG Electronics, Regional CEO Jae Seung Kim, Singapore Managing Director Sungho Chun, and Bangladesh Managing Director Peter Ko graced the occasion.
Romo Rouf Chowdhury expressed his vision for the collaboration, stating, "We want to bring the LG brand to the people of Bangladesh at an affordable price and with nationwide service."
Echoing this sentiment, Jae Seung Kim said, “The Bangladesh market is significant for us, and our goal is to bring the world's best technology to every home.”
bd-pratidin/GR
