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SAMSUNG investment plan in Argentina LCD TV production

Sources of information and time: the Argentine National Journal August 13, 97
According to the Argentine National Journal reported that since 2008 Afghan LCD TV (LCD) market growth will show a double, to fight for greater market share, South Korea SAMSUNG (Samsung) and large home appliances chain, in cooperation plan in the southernmost tip of Argentina fire The Province (TIERRA DE FUEGO) LCD TV production, the future will invest 20 million U.S. dollars to build its own factories.
SAMSUNG launched recently in Afghan R8 series 32-inch LCD TV that the series 40-inch screen products will be Tierra del Fuego ELETROGUEGUINA (FRAVEGA) in the company before the end of the production, domestic and imported products will be sold at 4299-A unified currency ( About 1,433 U.S. dollars), the company will earn higher profits.
According to Afghan Samsung consumer electronics sales manager said, it is estimated that this year will be sold 6-70000 television, of which 15,000 Afghan production in Taiwan. In addition, the company will be with DIGITAL FUEGUINA (GARBARINO) co-production of different size LCD TV, is expected tomorrow (2009), the R8 will produce a full range of LCD TVs, with the ultimate goal of having its own factories, the production of these products and other consumer electronics Products, such as family cinema (home theaters), and so on. SAMSUNG will be provided with other LCD TV makers such as PHILIPS, NEWSAN (SANYO) and RADIO VICTORIA (TCL and HITACHI), and other Afghan LCD TV market share. According to GFK consultants view, this (2008) in the first six months of Afghan LCD TV sales growth of 421 percent and is expected to sell 280,000 this year, Taiwan.
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