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THE EVOLUTION OF LG MANUFACTURING IN VIETNAM


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Since LG’s announcement to withdraw from the smartphone business, Vietnam’s production facility has become the topic of much speculation and rumors, given its role as LG’s largest smartphone production base. But the evolution and transformation of the Haiphong Campus is only just beginning with the future looking bright for Vietnam and LG’s local employees.

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“Exiting smartphone production here is part of LG’s plan to restructure our core product portfolio,” said Jung Hai-jin, president of LG Electronics Vietnam. “The closing of LG’s mobile business will not significantly impact LG’s production, business activities or employees in Haiphong.”

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Jung said LG will reorganize and expand its Vietnam production by focusing on manufacturing a wider range of products that are currently in high demand around the world, such as home appliances. LG plans to complete the transformation and reallocate all workers within this year. Additional investment plans will be announced once the transformation has been completed.

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LG opened its Haiphong Campus in 2015 to produce smartphones, TVs as well as household appliances. Affiliates such as LG Innotek and LG Display have also setup in Haiphong, producing camera modules and displays. Currently there are more than 16,000 employees at Haiphong and if all goes according to plan, LG’s Vietnam manufacturing center should see strong growth in the years to come.

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      1 Certification does not apply to 97-inch OLED evo models.
      2 LG’s 2024 OLED TVs in the M4, G4 and C4 series with screens up to 83 inches support 4K at 144Hz.
      3 Pop-up notifications offering a full upgrade without the need to select specific UX, UI or features are only sent to customers who have agreed to receive them. Please note that this upgrade does not cover the TV’s hardware performance, features or durability.
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      Upgradable Home Appliances
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      In the future, owners of LG Objet Collection products who are interested in interior design will be able to use the company’s interior platform to find décor inspiration and purchase interior accessories that match with the aesthetic of their home appliances. As another example of what could soon be possible, LG’s Styler, washing machine and dryers may be able to connect users with specialist mobile laundry services aligned with their specific needs uncovered through the analysis of usage data.

      By seamlessly combining products, data and services into a unified whole, LG will create continuous customer experience innovation that delivers unprecedented value and convenience. And through its commitment to implementing DX technologies, the company will keep on growing and refining its ability to help consumers everywhere enjoy healthier, happier lives.
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