On March 15th 2023, a global strategic cooperation agreement was signed into effect between LGMG and COBO at CONEXPO-CON/AGG 2023, held in Las Vegas and the largest construction trade show in North America.
Mr Zhi Kaiyin, General Manager of LGMG, and Mr Stefano Scapin, COBO Chief Business Development Officer, together with other respective delegations from both sides attended the signing ceremony.
The cooperation aims to strengthen the bilateral business association, and further expands the business cooperation scope, said one of the executives.
LGMG and COBO started their cooperation in 2018. More recently, LGMG and COBO have strengthened their collaboration to expand the business scope.
The strategic agreement between LGMG and COBO is based on close communication, qualitative and technical solutions, and it is expected to broaden the scope of cooperation in China and abroad.
In October, 2022, Mr Kaiyin Zhi, led a delegation to visit COBO Headquarters located in the province of Brescia, Italy, where they were impressed by COBO’s technology, finished products.
During the visit, Mr Stefano Scapin emphasized the importance to keep strict control of certain processes such as the design, manufacturing and testing of electronic boards and finished products, so as to reduce the time to market and minimize risks caused by the most recent semiconductor crisis.
LGMG has made remarkable achievements, thanks to the support of the partners and friends all over the world. Facing the completely new global market, LGMG will continue to work closely with the global suppliers, adhere to the overseas operation strategy of localized talents, operation and service, precisely match the local market demand, accurately position its products, carry out localized and differentiated operation based on high-quality products and efficient services, to steadily expand its overseas business.