YEREVAN (Armenpress) — In a few days, a monumental and historic milestone will be recorded in the Armenian tech industry.

The first ever Armenian-made TVs will hit the market as the joint Armenian-Lebanese-Syrian International Manufacturing Group (IMG) is introducing its ADAMIAN flat-screen televisions sets.

IMG CEO Ramy Judy told reporters in the company’s assembly plant in Armenia’s Merdzavan that in a few days the TVs will be available in major stores across the country.

“We are currently assembling 100-150 sets a day,” he said.

According to the CEO, despite the factory’s inauguration having taken place in December of 2018, they began production only in May, since they were awaiting a governmental customs privilege for imports.

“We were waiting for the government’s issuance of customs privileges, because the price that we promised couldn’t have been provided if we were to pay customs duties. The government granted the privilege in April,” Judy said.

Now, the home appliances manufacturer is importing equipment and the TVs are assembled in Armenia. But IMG seeks further development.

In one and a half months, the company will start assembling air conditioners, and then also washing machines, refrigerators. The Armenian-made ACs, fridges and washing machines will be marketed under the AIO brand.

The Armenian-made home appliances will also be exported.

The market price and technical characteristics of the TVs was not immediately available.

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign Up for Our Newsletters

Get notified of the latest updates from MassisPost.

You May Also Like

Eric Esrailian Elected to the Board of Trustees of the Academy Museum of Motion Pictures

LOS ANGELES — Dr. Eric Esrailian has been elected to the Board…

ACA Calls on Secretary Pompeo to Visit Armenia on His Current European Tour

WASHINGTON, DC — The Armenian Council of America calls on Secretary of…

97th Academy Awards Ceremony: Sean Baker’s “Anora” Featuring Armenian Actors Wins Best Picture

LOS ANGELES — The 97th Academy Awards ceremony took place at the…

Ambassador Grigor Hovhannissian Presented his Credentials to President Barack Obama

WASHINGTON, DC — On January 28, Ambassador Grigor Hovhannissian presented his letters…