Marbridge Daily

<- May 28, 2010 ->

Suning, LG Team on Sales of Green Electronics

Netease Tech, 5/28/10

Chinese electronics retail chain Suning (002024.SZ) has reported that Suning president Zhang Jindong visited LG Electronics headquarters in South Korea from May 23 to 25, and paid a visit to LG chairman Koo Bon-moo. LG and Suning have formed a supply chain partnership for "green" home electronics, including future efforts by Suning to import and promote LG's new energy-saving technologies in China.

LG and Suning will also attempt partnerships under new models, not limited to supply or distribution. LG could give Suning the right to act as agent for some of its products in the China region.

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