Supply Chain Intelligence about:

Lg Electronics Inc.

Company profile

Mexico

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Top HS Codes

HS 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles
HS 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

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Recent Panjiva Research about Lg Electronics Inc.

LG Electronics ups washer capacity as imports soar during pandemic

April 15, 2021

LG Electronics plans to expand its U.S. washing machine factory by around 50% in staffing terms. The initial investment in U.S. manufacturing in 2018 was driven by an “in-market, for-market” supply chain strategy and came as the Trump administration applied section 201 tariff rate quotas to im... Read more →

Best Buy cuts imports as electrical store sector sales slow

October 19, 2020

U.S. retail sales continued to recover in September with a 7.1% increase compared to a year earlier. Furniture store sales accelerated to growth of 7.5% compared to just 1.7% in August. Electrical store sales meanwhile dropped by 6.1%, accelerating the August decline of 4.7%, potentially becau... Read more →

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