LG Electronics reduces prices of products in Egypt by 9%

South Korea’s LG Electronics Inc said Sunday it would lower the prices of its products in Egypt following the recent floatation of the Egyptian pound, stemming from its devotion to increase customer convenience.

LG further explained that it has lowered the prices of its home appliances by 9 percent starting from March 5^th, without giving a time limit for the discount pricing.

As for the prices of home entertainment products, LG said that they were lowered by 11 percent starting from March 5^th until March 12.