FPT Trading to distribute home appliances in 2012
In mid November, FPT Chairman Truong Gia Binh met with the Board of Directors of FPT Trading including Chairman Tran Quoc Hoai and CEO Le Trung Thanh to discuss new business directions for the company in 2012.
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24/11/2011
CEO Le Trung Thanh estimated that the home appliances market was highly potential, which is as large as that of Information Technology and Mobile phone in total. Having strengths in distribution sector and good relationship with prestigious retailers such as Nguyen Kim or Pico, FPT Trading was believed to be able to penetrate into the home appliances market.
This is one of the step towards the OneFPT strategy, boosting revenue growth in the 2012-2014 period in which revenue from new products would account for 10%.
FPT Trading expects to launch this plan in the first quarter of 2012 and will focus on developing new products and business lines from now to 2014.
