Financial Times FT.com

LG signals faster push into emerging markets

By Song Jung-a in Seoul

Published: August 21 2008 03:00 | Last updated: August 21 2008 03:00

LG Electronics, which is expected to overtake Motor-ola as the world's third largest handset maker, said it planned to accelerate its push into emerging markets as part of a plan nearly to doubleglobal market share from 9.3 per cent to 15 per cent in the next 18 months.

"We want to become a firm top-three player by 2010 and become number one eventually," Scott Ahn, president of LG's mobile communications division, said in an interview with the Financial Times.

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