Breaking News

ENDORFY Palm Rest V2 series delivers comfort with a magnetic pull MSI’s Latest AMD X870E MAX & EVO Series Motherboards KIOXIA unleashes EXCERIA PRO G2 SSD series KINGMAX Launches DDR5 Horizon II Overclocking Memory Module, Tailored for High-Load Scenarios DeepCool Unveils SPARTACUS 360 AIO Liquid Cooler for High-End Performance and Customization

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

LG Elec Bets on Chocolate Effect

LG Elec Bets on Chocolate Effect

Smartphones Sep 1,2006 0

LG Electronics said it aimed to recover some of its lost market share in the European mobile phone market through strong demand for its "chocolate" phone which had improved the strength of its brand. "There's 'Before Chocolate' and 'After Chocolate'. 'Before Chocolate' LG was seen as an affordable brand. With the product we increased our brand awareness quickly and it gave us confidence to go to (mobile telecoms) operators and position a GSM phone in the high tier," Dominique Oh, vice president for LG's European mobile phone business, said in an interview.

"Our target is to increase our market share. I think it's possible thanks to the 'chocolate' effect," he added.

LG's handset business lost market share in the second quarter, with sales slipping to 15.3 million units from 15.7 million a quarter earlier, while bigger competitors Nokia , Motorola and Sony Ericsson increased shipments significantly as a result of hit phones like the thin RAZR and the Walkman music phone.

The chocolate phone, a thin slider with a touch keypad and a shining dark cover, had a limited impact on second-quarter sales because it was only introduced in May.

"But there will be an effect in the second half," said Oh. LG said earlier it would sell at least two million chocolate phones in Europe in 2006.

Tags: LG Electronicsmobiles
Previous Post
BenQ Introduces the 10.1 Megapixel Digital Camera
Next Post
CMC Showcases Next Generation Blue Discs

Related Posts

  • LG releases QNED MINI LED TVs, setting a new standard for LCD picture quality

  • LG Electronics announces 31.5-inch 4K organic EL display 32EP950-B

  • LG rolls out 2021 TV lineup with OLED TVs and Mini-LED TVs

  • LG Electronics' 'Wing' Smartphone Said to Have a Swivelling Display

  • LG Velvet Smartphone Officially Launched in South Korea

  • LG Launches 2020 Sound Bars

  • LG Reports Record Operating Income Margin, Revenue Decline

  • LG Velvet Specifications Unveiled

Latest News

ENDORFY Palm Rest V2 series delivers comfort with a magnetic pull
Consumer Electronics

ENDORFY Palm Rest V2 series delivers comfort with a magnetic pull

MSI’s Latest AMD X870E MAX & EVO Series Motherboards
PC components

MSI’s Latest AMD X870E MAX & EVO Series Motherboards

KIOXIA unleashes EXCERIA PRO G2 SSD series
PC components

KIOXIA unleashes EXCERIA PRO G2 SSD series

KINGMAX Launches DDR5 Horizon II Overclocking Memory Module, Tailored for High-Load Scenarios
PC components

KINGMAX Launches DDR5 Horizon II Overclocking Memory Module, Tailored for High-Load Scenarios

DeepCool Unveils SPARTACUS 360 AIO Liquid Cooler for High-End Performance and Customization
Cooling Systems

DeepCool Unveils SPARTACUS 360 AIO Liquid Cooler for High-End Performance and Customization

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed