South Korea鈥檚 LG plans to make Riyadh its regional centre for the Middle East

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RIYADH: Seoul-based electronic company LG plans to make Riyadh its regional centre for the Middle East, the company鈥檚 general manager in 萝莉视频 has confirmed,

Ken Jeong announced that LG plans to open its regional office in the Kingdom soon, noting that the volume of the company鈥檚 business in the Saudi market has exceeded $500 million. 

The company aims to double the production capacity of the Saudi LG air conditioner factory to 1 million units annually, up from the current 400,000, Jeong added in an interview with Asharq.

This will double the total value of the company's air-conditioning products manufactured in 萝莉视频 from $200 million to $400 million.

Jeong also stated that LG is considering the expansion of products manufactured in 萝莉视频 beyond air conditioners, with the possible opening of television and computer screens factories.