LG Becomes 4th Biggest Mobile Handset Maker. Phones.

LG Electronics became the world's fourth largest plastic phone maker in the start with district by surging in advance of SonyEricsson for the sooner epoch since 2006. The maker of Viewty and Prada phones now joins the elite collection of Nokia, Samsung Electronics and Motorola in the room phone market. Furthermore, LG sees that it will be able to speechless ailing Motorola in the half a mo half of this year.

SonyEricsson, which is owned by Japan's Sony and Sweden's Ericsson, said on Wednesday that it sold 22.3 million quick phones between January and March, down from 30.8 million in the former quarter. Meanwhile, LG Electronics shipped 24.4 million units in the January-March era to lurk the fourth locate in the wide-ranging bazaar share.

LG aims to supply 100 million handsets this year, posting 12.5 trillion won ($12.5 billion) in sales and 1 trillion won ($1 billion) in operating profit. Those targets are up by more than 20 percent from at year, which will be enough to put LG in a neck-and-neck bed with Motorola, which has past its vigor since go the distance year. Motorola sold 27.4 million phones in the pre-eminent quarter, 3 million more than LG, at an operating trouncing of $418 million. ''In this trend, we will be able to carry out our annual quarry comfortably.

But we don't put much denotation in the sales loudness rankings,'' said LG spokesman Choi Joon-hyuk. LG's ambulatory role level behind Sony Ericsson's in the summer of 2006 when it reported losses for two consecutive quarters. But thanks to vivid sales of Viewty, Voyager, Venus and other high-end models, its handset shipment recorded the highest in the premier quarter. It also had a tonic advance space of 13.9 percent, compared with 6.7 percent at SonyEricsson.

Thanks to the high-flying handset division, LG Electronics' part charge rose from the mid-50,000 won tied a year ago to over 140,000 won form week, notwithstanding the downturn of the assortment market. Some standard analysts such as Mirae Asset Securities into it will deftness 200,000 won this year. Finland's Nokia is the unbroken chairlady in the ambulant phone industry, accounting for almost 40 percent of the far-reaching market. Samsung Electronics, LG's cross-town rival, is a remote runner-up at around 15 percent.

Samsung is to state its four times a year interpretation put out on Friday. Third-place Motorola is having the most puzzling beat surrounded by dominating makers. The U.S. company's handset borderline recorded $1.2 billion in accumulated losses closing year, and is laying off workers all over the time in front of the planned spin-off of the segment next year.

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