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Lg company
1. Presentation on SWOT analysis .
Presented by
Sabuj Hossen
Program: BBA
Batch: 31st
Id: M-21321113004
Uttara University
2. L.G Electronics
The company was originally established in 1958 as Goldstar.
The L.G group producing Mobile Phones, Radios, TVs, Refrigerators, Washing
machines, and air conditioners.
The L.G group was a merger of two Korean companies Lucky and Goldstar.
L.G Is the world second largest producer manufacturer of electronic goods.
This companies employing 83,000 people working in 119 local subsidiaries
worldwide.
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Strengths-
• Market leader in home appliances.
• Has got manufacturing unit in tax incentive .
• Wide range of products to serve all categories.
• Good after sales service offered.
• Widest distribution network in the industry (10,000
trade partners).
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Weakness-
• Samsung being its competitor provides similar products.
• Consumers compare L.G with Samsung its Korean rival
not with other global companies.
• Brand lacks influence in the segment of early adopters .
• Lack of expert operators for complex machines due to
illiteracy.
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Opportunities –
• Fast growth of the home appliances market
• Shifting to rural areas
• Sponsorships with F.C teams.
• Opportunities to lunch new product.
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Threats-
• Close competitors like Samsung are compared to it.
• Price war with its closest competitors.
• Global recession.
• Declining LCD Market.
• Substitutes (Laptops & Mobiles).
• Increasing labor costs .
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