Lock&Lock Halts Anseong Industrial Complex Operations..."Efficiency Improvement and Cost Reduction"
Lock&Lock announced on the 6th that it will suspend operations at its Anseong factory.
Last year, the sales revenue of the Anseong factory was 67.97073 billion KRW. This accounts for 13% of Lock&Lock's consolidated sales revenue.
Hot Picks Today
![[Breaking] "Management to Defer Allocation Method for Deficit Business Units by One Year"](https://cwcontent.asiae.co.kr/asiaresize/93/2026052014513970767_1779256299.png)
[Breaking] "Management to Defer Allocation Method for Deficit Business Units by One Year"
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
- "Was It You Again?" Elementary Student Involved in Last Week's Vehicle Theft Drives Off Himself This Time
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
The reason for the production suspension is to improve production efficiency and reduce costs. Production will continue at domestic subcontractors as well as the company's own production facilities in Vietnam and China. The company stated, "As production will continue at domestic subcontractors and our own production facilities in Vietnam and China, we expect no operational impact due to the suspension of production."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![[Breaking] Samsung Electronics Labor and Management Officially Sign Tentative Agreement](https://cwcontent.asiae.co.kr/asiaresize/307/2026052022492353201A.jpg)
