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Technology Stocks : C-Cube
CUBE 37.00-0.2%Dec 3 3:59 PM EST

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To: BillyG who wrote (39235)3/12/1999 1:26:00 PM
From: DiViT  Read Replies (3) of 50808
 
LG Electronics Projects Earnings Of $1.7 Billion From The Chinese Market

03/11/99
Korea Economic Daily
Comline Daily News Financial Markets COMLINE NEWS SERVICE
(Copyright C (1999) COMLINE Business Data, Inc)

LG Electronics Co. is targeting a 30-percent growth to $1.7 billion in 1999 sales in China, which the Korean consumer electronics maker seeks to develop as a "second domestic market".

To reach its goal, the company plans to continue to invest in increasing manufacturing and marketing capabilities while concentrating management resources to extend sales of color TVs and air conditioners among other home appliances.

LG Electronics also selected digital video disks and CD-ROM drives as new strategic items for the Chinese consumer electronics market.

( The Korea Economic Weekly 1999/03/03 )
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