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LG unit expects more price competition
Bangkok Post
|October 03, 2025
Amid the growing presence of Chinese household appliance factories in Thailand, LG Thailand anticipates intensified price competition in the market.
LG air conditioners undergo tests in a noise test room at the firm's Rayong plant.
In September, Chinese household appliance manufacturer Haier opened a 10-billion-baht air conditioner plant in Chon Buri. The first phase has an annual capacity of 3 million units, with plans to double the output to 6 million units by 2027.
Hisense, another Chinese home appliance maker, announced a 4.7-billion-baht investment in Thailand to establish a manufacturing park in Chon Buri. The first phase of the operation, expected to open in 2026, is slated to produce refrigerators and washing machines.
Denne historien er fra October 03, 2025-utgaven av Bangkok Post.
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