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LG Indonesia Set to Gain Share in Washing Machine Market
Aug 11, 2004
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LG Electronics Indonesia (LGEIN) said it is set to grab 17-percent share of the washing machine market in the country, with sales totaling 85,000 units this year.

LGEIN President Kim Young Ha said the region's washing machine market grew by 20 percent this year, reaching an estimated 500,000 units.

Mr. Kim also said the company will increase the types of its washing machine products to be able to reach its sales target. This month, for example, has said LGEIN launched a new front-loading washing machine, which is said to be more efficient than top-loading machines. (ANTARA)

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