Ambitious LG To Boost Market Share with Smartphones

NewsFactor Network | Ambitious LG To Boost Market Share with Smartphones:

"LG Electronics said Wednesday that it has set a goal of selling 140 million cell phones in 2010. The South Korea-based handset maker also revealed that it plans to become one of the top two mobile-device manufacturers in the world by 2012.

To help boost unit sales, LG will focus on the lucrative smartphone market. Hopes are especially high for Android-based phones, which are expected to make up more than half of LG's upcoming smartphone releases, the company said."