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LG makes bullish in smartphone market

LG makes bullish in smartphone market
News from Korea Times:
A model poses with LG Electronics’ Optimus 3D smartphone, Monday.

/ Courtesy of LG Electronics

Under new leadership, electronics maker hopes to join top tier

By Kim Yoo-chul

LG Electronics is making stronger moves to boost its smartphone business thanks to positive reactions to new products in developed and developing markets.

With more releases, the Seoul-based consumer electronics firm expects a turnaround in its currently ailing smartphone sector by the end of the year, according to LG officials.

LG’s mobile phone business is the company’s major capital sinkhole and LG Electronics shares have halved this year, leaving it the worst performer even compared to the deteriorating Nokia and Taiwan-based HTC.

A senior LG spokesman said it has seen visible improv…………… continues on Korea Times
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NOVA technology featured on LG Optimus Black (pictured) also enables users to …
News from Business Daily Africa:

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