Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Technology

LG Electronics to start operating U.S. washing machine factory in fourth-quarter 2018

FILE PHOTO - A show attendee passes by the LG Electronics booth during the 2009 International Consumer Electronics Show (CES) in Las Vegas, Nevada, January 9, 2009. REUTERS/Steve Marcus/File Photo

SEOUL (Reuters) - South Korea's LG Electronics plans to start operating its new washing machine factory in the United States in the fourth quarter this year, its chief executive said on Thursday.

The start date for the Tennessee factory now being built has been moved forward from a previous target of Feb. 2019, Jo Seong-Jin, who is also vice chairman of LG Electronics, said on the sidelines of a trade show.

In November, the U.S. International Trade Commision recommended tariffs to keep LG and domestic rival Samsung Electronics from selling inexpensive washers in the U.S. market, a step that would benefit American appliance maker Whirlpool Corp.

(Reporting by Joyce Lee; Editing by Clarence Fernandez)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.