LG Electronics to shift TV production in Thailand to Vietnam

South Korea's LG Electronics Inc, the world's second largest television maker, will shift its TV production in Thailand to Vietnam this year for efficiency, logistics and costs, a top executive at its Thai unit said on Tuesday. The group wants to have one regional base with new machines for TV production comparable with those at its South Korean plants, and considers Vietnam to be the best place, Nipon Wongsaengarunsri, marketing director of LG Electronics (Thailand) Co, told Reuters i