Samsung considers appliance plant in Myanmar

“Samsung Electronics is considering building plants to produce white goods in Myanmar as the company has been seeking new manufacturing posts to cut labor costs and improve efficiency,” sources told The Korea Times, Monday. It is negotiating on key conditions with the Southeast Asian country. “Investment will occur in a few years,” one said. “Looking […]

Philips Links With Partners to Light Up Myanmar

YANGON — Dutch electronics giant Philips has teamed up with local partners to bring more of its products to Myanmar, as the brand looks to take advantage of the Southeast Asian nation’s growing demand for lighting. In a ceremony in the former capital Monday, the 120-year-old firm signed up with three companies who will distribute […]