Samsung Electronics Global President & CFO Mr. HK Park on Wednesday paid a courtesy visit to the Hon’ble Prime Minister of Nepal Shri Sher Bahadur Deuba, during an official visit to the country.

Mr. Park was accompanied by a delegation of other company senior executives.

During the meeting, Mr. Park apprised the Hon'ble Prime Minister about the various initiatives Samsung is taking in the country in the areas of electronics manufacturing, retail, and job creation.

He also reiterated Samsung's commitment to the welfare of the community, especially the Nepalese youth, through future initiatives.

Samsung, along with its local partner HIM Electronics (Golchha Group), has announced the setting up a factory in Nawalparasi to manufacture LED televisions.

Samsung is confident that the new factory will foster electronics manufacturing in Nepal.

It will also further the Government’s objective of boosting local production capabilities and employment generation.

Samsung has been in Nepal for over two decades. Today, it is a household name in the country.

It currently sells smartphones and consumer electronics products such as televisions, refrigerators, washing machines, and microwaves in the Nepal market through its partners.

It has a strong network of over 2,000 electronics retail stores and customer service centers.

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Samsung Refrigerators is the second-largest manufacturing unit in the world in terms of cost. As one of the world leaders in using digital technology, Samsung is moving forward in product development in order to build a strong relationship and full support from the suppliers and customers using their product. The major competitive brands are LG and Whirlpool.

Samsung refrigerator's price in Nepal starts at Rs 29,990 for the base model and goes all the way up to Rs 2,99,990 for the top-end model.

Samsung Refrigerators Price in Nepal

S.no	Capacity	Type	Model code	MRP
1	192 L	Single Door Refrigerators	RR19M20A2RH/IM	29,990
2	192 L		RR19A210AGS/IM	30,990
3	192 L		RR20N2441S8/IM	34,290
4	192 L		RR20A274ACR/IM	35,490
5	192 L		RR20A274ACU/IM	35,490
6	192 L		RR19T25CA6R/IM	36,990
7	192 L		RR19T25CA6U/IM	36,990
8	192 L		RR20M282ZS8/IM	38,490
9	192 L		RR20T282ZR8/IM	41,490
10	192 L		RR20T282ZU8/IM	41,490
11	230 L		RR24A272ZCR/IM	44,490
12	230 L		RR24A272ZCU/IM	44,490
13	253 L	DIT Double Door	RT28A3022GS/IM	55,490
14	253 L		RT28A32216R/IM	60,990
15	253 L		RT28A32216U/IM	60,990
16	275 L		RT30K3342S8/IM	65,990
17	314 L	Curd Maestro 5 in 1 Convertible	RT34T46324R/IM	81,490
18	345 L	5 in 1 Convertible	RT37M5535SL/IM	82,490
19	394 L		RT39M5538S8/TL	134,990
20	415 L		RT42M5538S8/TL	141,990
21	465 L		RT47K6358SL/TL	153,990
22	465 L		RT47K6238UT/TL	153,990
23	478 L		RT49K6338BS/TL	158,990
24	523 L		RT54K6558SL/TL	189,990
25	551 L		RT56K6378SL/TL	194,990
26	700 L	Side-by Side Refrigerator	RS72R5001M9/TL	232,990
27	676 L		RS72R5011SL/TL	235,990
28	700 L		RS74R5101SL/TL	259,990
29	574 L	French Door	RF57A5232SL/TL	299,990

Samsung, one of the world's leading consumer electronics and smartphone brands, today announced it was collaborating with Him Electronics, its long-time partner in Nepal, to start a television factory in Nawalparasi.

A function with traditional rituals was held in Nawalparasi on Wednesday to announce the factory's foundation.

The Hon’ble Minister for Industries, Commerce & Supplies, Shri Dilendra Prasad Badu, and Samsung Electronics Global President & Chief Financial Officer, HK Park, graced the occasion with their presence.

Also present were Shri Ajay Shahi, Hon’ble Minister for Industries, Commerce & Supplies of Lumbini Province, Shekhar Golchha, Chairman & MD, Golchha Group, Mr. Ken Kang, Regional President & CEO, Samsung Southwest Asia, Mr. Park Chong-Suk, Ambassador of the Republic of Korea to Nepal,   Chief District officer of Ramgram municipality Shrawan Kumar Pokharel along with other local dignitaries.

Speaking at the function,  Ken Kang, Regional President & CEO, Samsung Southwest Asia, said, “The new LED television factory in Nawalparasi with our longstanding partner Him Electronics is a testimony to our continuing commitment to the people of Nepal and the consumers’ ever-growing trust and love for Samsung products. We also thank the Nepal Government and local authorities for their vision and continued support.”

“This new factory will prove to be a milestone for Nepal. Establishing the factory will help in expanding the economy of the nation and raise the country’s output and skill levels, making it a more competitive nation in the global market.

This is the result of our 22-year-long collaboration with Samsung,” said Shekhar Golchha, Chairman & MD, Golchha Group.

The new manufacturing facility will be a landmark in Nepal’s manufacturing journey and has the potential to transform the electronics space in the country with local enterprise, new skills, innovations, and jobs.

It will help increase efficiency and productivity, creating more employment and developing a stronger electronics manufacturing ecosystem in the country.

Production at the new plant is expected to start in 2023.

Samsung has been in Nepal since 1997. Today, it is a household name in the country.

It currently sells consumer electronics products such as televisions, refrigerators, washing machines, microwaves, and smartphones in the Nepal market through its partner. It has a strong network of 500 electronics retail stores and customer service centers.

About Samsung Electronics Co., Ltd.
Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, memory, system LSI, foundry, and LED solutions.

For the latest news, please visit the Samsung Newsroom at https://news.samsung.com. 

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