Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

LG to Boost Sales in China
Jan 17, 2005
 Printable format
 Email this Article
 Search

LG Electronics plans to increase its sales in China by 50 percent year-on-year to U.S. $15 billion this year. The company said it was aiming for the top of the Chinese plasma display panel and handset markets to earn $15 billion in sales in the world's most populous country.

In order to achieve the target, the Korean company is focusing on five areas, including sustained growth of the handset and IT sectors and hiring and nurturing competent Chinese staff.

LG will raise sales of liquid crystal display (LCD) monitors larger than 17 in by more than 50 percent and stimulate sales of MP3 players and laptop computers in the Chinese market. It said it will also continuously unveil premium home appliances like refrigerators and washing machines, which are already popular in the Chinese market, to maintain its market share. The company plans to increase the proportion of home appliances to more than half of total sales. (english.chosun.com)

Back to Daily News

 

Daily News

...........................................................

Apr 18, 2014: Spectrum Brands CEO Lumley Joins Husqvarna Board

Apr 17, 2014: GE Appliances 1Q Revenues Down 3%

Apr 17, 2014: Remodeling Growth Expected to Continue

Apr 17, 2014: HVAC/R Contractors Outlook Holds Steady

Apr 17, 2014: Appliance Store Sales Down Slightly in March

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows