{"id":635487,"date":"2017-12-05T03:53:17","date_gmt":"2017-12-05T03:53:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/"},"modified":"2017-12-05T03:53:17","modified_gmt":"2017-12-05T03:53:17","slug":"lg-egypt-studying-assembly-of-cell-phones","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/","title":{"rendered":"LG Egypt studying assembly of cell phones"},"content":{"rendered":"

LG Egypt is conducting feasibility studies on a new domestic production line for cell phones, CEO Don Kwak tells Al Masry Al Youm<\/a>. Market circumstances and overall economic stability will be important determining factors for the project, Kwak said, without adding further detail on the timeline for the studies or the project\u2019s size or value.<\/p>\n","protected":false},"excerpt":{"rendered":"

LG Egypt is conducting feasibility studies on a new domestic production line for cell phones, CEO Don Kwak tells Al Masry Al Youm. Market circumstances and overall economic stability will be important determining factors for the project, Kwak said, without adding further detail on the timeline for the studies or the project\u2019s size or value.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635487","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"612fb823-d026-4ffd-af2f-de0b818ef2ff","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635454],"teaser":"","voice_url":""},"yoast_head":"\nLG Egypt studying assembly of cell phones - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LG Egypt studying assembly of cell phones\" \/>\n<meta property=\"og:description\" content=\"LG Egypt is conducting feasibility studies on a new domestic production line for cell phones, CEO Don Kwak tells Al Masry Al Youm. Market circumstances and overall economic stability will be important determining factors for the project, Kwak said, without adding further detail on the timeline for the studies or the project\u2019s size or value.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-05T03:53:17+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"LG Egypt studying assembly of cell phones\",\"datePublished\":\"2017-12-05T03:53:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/\"},\"wordCount\":63,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/\",\"name\":\"LG Egypt studying assembly of cell phones - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-12-05T03:53:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LG Egypt studying assembly of cell phones\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"LG Egypt studying assembly of cell phones - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/lg-egypt-studying-assembly-of-cell-phones\/","og_locale":"en_US","og_type":"article","og_title":"LG Egypt studying assembly of cell phones","og_description":"LG Egypt is conducting feasibility studies on a new domestic production line for cell phones, CEO Don Kwak tells Al Masry Al Youm. 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According to Kwak, LG is looking to increase its reliance on locally sourced components in its manufacturing and expand its exports to African markets.","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570062,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/don-kwak-steps-down-as-chief-of-lg-egypt\/","url_meta":{"origin":635487,"position":1},"title":"Don Kwak steps down as chief of LG Egypt","author":"enterpriseam admin","date":"17 March 2020","format":false,"excerpt":"MOVES- Don Kwak has stepped down from his role as CEO of LG Egypt, Al Mal reports. Kwak served as the company\u2019s chief since February 2016, and headed a USD 250 mn expansion in the Tenth of Ramadan City factory that added new TV and washing machine production lines. An\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599941,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/15\/lg-to-invest-usd-15-mn-in-egypt\/","url_meta":{"origin":635487,"position":2},"title":"LG to invest USD 15 mn in Egypt","author":"enterpriseam admin","date":"15 January 2019","format":false,"excerpt":"INVESTMENT WATCH- LG to invest USD 15 mn: LG Electronics Egypt will invest as much as USD 15 mn to expand its operations in Egypt, the company\u2019s Egypt boss, Don Kwak said, according to a statement from the Investment Ministry. The statement doesn\u2019t specify where the capital is being committed,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646776,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/22\/lg-incurred-losses-last-year-still-set-to-invest-locally\/","url_meta":{"origin":635487,"position":3},"title":"LG incurred losses last year, still set to invest locally","author":"enterpriseam admin","date":"22 June 2017","format":false,"excerpt":"LG Egypt incurred losses in 2016 because of the EGP float, Managing Director Don Kwak said, according to Al Mal. Kwak says LG was not \u201ccompensated\u201d for the FX losses the company made during the year. He also noted that the company\u2019s topline also dropped by 50% y-o-y last year.\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646725,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/lg-to-operate-new-washers-line-within-a-month-targets-usd-250-mn-in-exports\/","url_meta":{"origin":635487,"position":4},"title":"LG to operate new washers line within a month, targets USD 250 mn in exports","author":"enterpriseam admin","date":"21 June 2017","format":false,"excerpt":"LG is begin operations at its new washers production line at its Sixth of October plant within a month, LG Egypt Managing Director Don Kwak tells Al Mal. The company targets manufacturing 400k washers every year. 75% of the plant\u2019s production is set to be exported, Kwack says. Investments at\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645305,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/lg-inaugurates-new-egp-120-mn-washing-machines-production-line\/","url_meta":{"origin":635487,"position":5},"title":"LG inaugurates new EGP 120 mn washing machines production line","author":"enterpriseam admin","date":"17 July 2017","format":false,"excerpt":"LG inaugurated a new EGP 120 mn washing machine production line at its 10th of Ramadan factory, Al Masry Al Youm reports. 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