Saturday, January 30, 2010

LG Electronics ambitious plans, goal of selling 140 million units in 2010.

Pin It LG Electronics unveiled ambitious plans for its mobile business, including a goal of selling 140 million units in 2010.

The plans include a drive into the global smartphone market in an effort to become one of the top two mobile device manufacturers in the world by 2012, says a press release.

LG says it is aiming to sell 140 million mobile handsets in 2010, a 20 per cent increase year-on-year. The company says although it is looking to increase its presence globally this year — it opened about 100 mobile retail stores in the developing world in 2009, it plans a particular strong push into the Korean and North American markets where it wants to be recognised as a provider of innovative, customized smartphones.

It says preparations for achieving its 2012 goal, which will give LG a double-digit share in the smartphone marketplace, are already well under way.

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