Shinsung Delta, is the major producer of washing machine parts for LG electronic. The firm is about to diversify from the current production into the sector of light emitting diodes, thereby making an entry into the international markets. In an interview, Koo Ja-cheon, the chief executive officer of Shinsung Delta, believes that once the company secures competitiveness both in price and quality wise, the LED’s is sure to bring in huge development for the firm. He also added that as the LED application increases, it gradually increases the necessity for LED parts as well which let the firm grow more than expected.
Shinsung Delta is been located in Changwon at South Gyeongsang Province is currently manufacturing parts for automobiles and home appliances. The major clients of the firm is LG Electronic which is the worlds 2nd largest makers of washing machines. The 56 year old CEO added that in the year 2014 the firm has aimed to operate profits to over 100 billion.
