LG Electronics, in collaboration with Rancon Electronics Limited, has inaugurated a state-of-the-art television manufacturing facility at Rancon Industrial Park in Gazipur. This strategic partnership marks a significant milestone in the television industry of the country, with the new factory set to produce the latest models of LG’s smart televisions.
Spanning over seven lakh square feet, the new facility will cater to the growing demand for smart televisions in the region. Rancon Electronics Limited, already recognized for its advanced TV manufacturing capabilities, will now manufacture a variety of LG televisions, including the world-renowned OLED models. This initiative is expected to meet an annual target demand of around 1 lakh units in the domestic market.
