LG bullish on air conditioner growth outlook
Scorching summer to spur residential sales
LG Electronics (Thailand) Co, the local marketer and distributor of LG electrical appliances, is optimistic Thailand’s air conditioner industry will resume growth this year after two years of contraction attributed to the prolonged pandemic.
Amnaj Singhachan, the company’s senior marketing manager, said overall demand for residential air conditioners contracted by 9.9% and 1.7% to 20.9 billion baht and 20.5 billion in 2020 and 2021, respectively.
“We’ve started seeing spending on LG electrical appliances gradually improve since…
