LG to launch premium electronic stores, targets Rs 19,000 cr

LG Electronics India will invest $300 million over the next three years and foray into new product categories, as it plans to raise turnover from Indian operations to over $9 billion (Rs 45,000 crore) by 2015. The company will…

LG to open 100 exclusive mobile stores

Mobile phone manufacturer LG Electronics on Wednesday said it will open 100 exclusive mobile handset stores across the country to enhance market visibility. Eyeing a market share of 10 per cent by 2010-end in a projected 10 crore mobile handset market this year, the firm has set a target to double its retail distribution network [...]