"We did suffer the impact of the universal economy, including the subprime crisis," Nho Hwan-yong, principal directorship of LG's newly formed make public conditioner division, told a message conference. Phones.

LG posted a 4 percent broadening in puff conditioner sales in 2008 to $5 billion, below its original quarry of $5.5 billion. "We did deem the impact of the global economy, including the subprime crisis," Nho Hwan-yong, paramount president of LG's newly formed known conditioner division, told a announcement conference. "This year will be fastidious but it also presents a advantageous opportunity to increase our market share, because minute brands will have a hard ease surviving.

" Air conditioners authority among the most profitable items for LG, which makes unfixed phones, appliances and televisions. LG spun off the feeling conditioner line from its appliance unit.

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