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LG Electronics Expect to Double their Phone Sales

LG expects high sales on the Malaysian market

By Elena Balan, Communications News Editor

4th of May 2007, 10:31 GMT

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LG Electronics has high hopes from the Malaysian market
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The people at LG have very high hopes when it comes to the future profit on the Malaysian market. LG has made
the balance sheet for this year and has reached the conclusion that there are plenty of good reasons for expecting their phone sales even to double this year.

The LG Chocolate line of phones proved to be a big success, if you think of the 1.7 million such mobile phones sold worldwide up to this point. In Malaysia, 50,000 such units have been counted as sold. Now, LG is focusing on the Shine line of phones, which they expect at least to match the sales number of the Chocolate line of cellulars.

Not only that, but the high number of sales reported for the Chocolate phone model, as well as those expected from Shine, will definitely strengthen LG's position on the global phone market. The revolutionary aspect about LG Shine is, once again, the unique, carefully shaped design. It is made entirely of stainless steel, which brings a jewelry shine to it. It should too, as its price totally reflects this valuable status.

"For the Shine, we are targeting to sell double the quantity of Chocolate phones sold," said chief executive of LG, Kim, on the phone's expansion on the Malaysian market.

In only one month since its launching, LG Shine has already reported to have been sold in 200,000 units only in Europe. Furthermore, another 180,000 units of this mobile phone model have been purchased on the Korean market. No wonder that LG has high expectations from the LG Shine model.

TAGS:

LG | LG Shine | LG Chocolate
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