Sunday, February 17, 2008

[ News, Economy / Industry, January 8 2008] LGE eyes 30% jump in N. American sales

LG Electronics Inc., Korea’s leading consumer electronics manufacturer, aims to post growth of 30 percent in its North American sales this year, a regional executive said Monday (Jan. 7).

"We achieved $10 billion won in sales for the first time here (North America) last year thanks to brisk performances of mobile phones, flat-panel TVs and other premium home appliance goods," Ahn Myeong-kyu, head of LG Electronics’ North American business, told reporters. "We aim to increase it to $13 billion this year by stepping up marketing efforts."

LGE’s 2008 objectives were unveiled at the Consumer Electronics Show, one of the world’s largest tech shows, currently underway in Las Vegas.

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