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Lgs Low End Products Shifted To Subsidiaries

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Bhupesh Bhandari BEIJING

LG Electronics, the Korean chaebol, has drawn up a strategy whereby the production of lower end products will be shifted from Korea to its overseas subsidiaries, leaving the parent to focus on higher end value-added products.

Explaining the reason for such a shift, Sang-Han Yoon, vice president and director (digital network division) said:

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First Published: Oct 13 2000 | 12:00 AM IST

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