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LG Unit Expects Sales of US$200mn in Peru, Boosted by Handsets

The Peruvian unit of South Korean manufacturing giant LG Electronics expects to bill US$200mn in 2007, local daily Gestión quoted marketing director Javier Ugarte as saying.

The mobile telephony segment will be one of the key revenue drivers this year, he said. According to the report, the mobile telephony sector will account for 40% of LG Electronics' sales in the local market.

Headquartered in Seoul with subsidiaries in 39 countries around the world, LG Electronics is comprised of four main divisions: mobile communications, digital appliances, digital displays, and digital media.

Posted to the site on 23rd November 2007

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