Last month, Walton for the first time shipped out a large volume of fridges to a local brand of Yemen under the OEM (Original Equipment Manufacturer). This month, the second shipment of Walton made fridges, including huge power efficient glass door refrigerator and beverage cooler, was completed.
Edward Kim, President of Walton’s International Business Unit (IBU) said “We have a target of bagging US$ 1 billion earnings from the export of various electronics and electrical appliances and spare parts by 2028.”
To meet this target, he said that they are trying to nurture brand presence in the international market through sustainable partnership with customers while focusing on OEM (Original Equipment Manufacturer) business to drive the business volume and also to enhance our product quality management which is an assurance to customers.
Uday Hakim, deputy executive director of Walton Group, said they focused on expanding the global market and strengthening its international business unit.
Walton is setting up global product research and development centers and branch offices in many countries including Germany, United Kingdom, China, UAE, Taiwan and Thailand, he said.