LG Electronics Changwon Plant Partially Halts Operations..."Decrease in Home Appliance Demand"
[Asia Economy Reporter Oh Hyung-gil] LG Electronics is halting production of some home appliances with decreased demand due to the COVID-19 pandemic.
According to LG Electronics on the 23rd, the oven production line at the Changwon plant stopped operating from the 20th and will suspend production until the 15th of next month.
An LG Electronics official stated, "The ovens produced at the Changwon plant are for export to North America, and production is being suspended to manage logistics due to decreased sales caused by COVID-19."
LG Electronics also decided to halt domestic air conditioner production at the Changwon plant for two days, on the 28th and 29th, to manage logistics volume. Following this, the Changwon plant will observe a holiday on the 4th of next month and enter a six-day break from Buddha’s Birthday on the 30th to Children’s Day on May 5th.
LG Electronics has previously suspended operations at local appliance factories in the U.S. and Brazil due to paralyzed distribution networks and decreased demand caused by COVID-19.
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The LG Electronics TV plant in Reynosa, Mexico, is suspending production until the 26th following government recommendations, and the Mexicali TV plant’s shutdown period has been extended until the 30th. Additionally, factories in Noida and Pune, India, will halt operations until the 3rd of next month due to extended government lockdown orders, and factories in Russia and Poland remain shut down.
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