Friday, October 31, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sharp To Produce New Backlight-free LCD Panel For Wearables
New Cameras Boost GoPro's Quarterly Profit
Panasonic AX800 4K ULTRA HD TVs Update Adds Compatibility With Netflix 4K Streaming
YouTube Now Supports 60fps Videos
Samsung Brings Gear S to U.S. Next Week
Corsair Introduces Sabre RGB Mice For Gamers
Ubisoft's Assassin's Creed Unity Included with Purchase of Samsung UD590 Monitor or 850 PRO Series SSD
Apple's Tim Cook Declares His Sexual Orientation
Active Discussions
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Questions durability monitor LCD
 Home > News > Mobiles > LG Unve...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, October 18, 2006
LG Unveils New Mobile Phone to Succeed "Chocolate"


LG on Wednesday unveiled a new handset model aimed at repeating the success of its premium "Chocolate" phone and building market share.

"The new version of the Chocolate phone follows the current consumer preference for (slim) metal casings. It's a global market trend," said SR Kwon, an analyst at Hyundai Securities.

LG's mobile phone business, trailing Nokia , Motorola Inc. and Samsung Electronics , is on the rebound after seeing its market share ravaged by blockbuster models such as RAZR and Walkman music phones.

The company said on Tuesday it sold 16.5 million mobile phones in the third quarter, up from 15.3 million in the second, with margins in handset also swinging back into the black.

Leading the recovery is "Chocolate," which sells nearly twice as many as LG's other handsets. LG expects to sell more than 6 million "Chocolate" phones this year, after launching the model in Europe in May and in the United States in August.

Staying with LG, the company could consider lower-end models and outsourcing the production of some handsets, the chief of its mobile phone unit said on Wednesday.

"Competition will be very fierce next year," Park Mun-hwa, chief executive of LG's cellphone business. "We can use various strategies. In the process, lower-cost models or contract manufacturing could be considered.


Previous
Next
New EU Rules Threaten Online Freedom        All News        Latest MSI's RX1950PRO Launch
Dephi Launches Portable XM Satellite Radio     Mobiles News      S60 on Symbian OS Strengthened With New Features

Get RSS feed Easy Print E-Mail this Message

Related News
LG Display Develops World's Narrowest FHD LCD Panel for Smartphones
Smartphone Shipments Boosts LG Electronics Earnings, Cinema 4K Monitor Introduced
LG Introduces Its First Octa-Core Application Processor
LG Conducts Field Tests Of Futurecast TV Broadcast System
LG Display Reports Strong Third Quarter 2014 Results
LG Ultra-Portable HD MiniBeam Projector Features Built-in Battery
LG Registers 'frame' Trademarks For New Handsets
LG Brings Its Ultra HD 4K OLED TV To The U.S.
LG Unveils The F60 LTE Smartphone
LG To Launch New Smartwatch With 3G Connectivity
LG Partners With Microsoft On IoT Devices
Korean Authorities To Inverstigate LG-Samsung Dispute

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .