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S Korea's LG Electronics eyes 10% rise in air conditioner sales
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16:31, January 06, 2009

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South Korea's LG Electronics Inc. announced on Tuesday its target to sell 10 percent more air conditioners worldwide in 2009 from 2008.

LG set its revenue target for air conditioners at 5.5 billion U.S. dollars in 2009, compared with 5 billion U.S. dollars in 2008, said Nho Hwan-yong, chief of the company's air-conditioning division.

LG's market share in air conditioner sales increased in the United States, Europe and emerging markets in 2008, Nho said.

Source:Xinhua



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