LG raises handset sales goal

South Korean handset maker LG said it expects a Q4 operating profit margin of around 8 percent for its mobile handsets, which it expects to sell 80 million of this year alone. The handset maker recently announced that is has sold 15 million Chocolates [1] to date. Next year LG has forecasted handset sales of 100 million. LG is also looking to boost domestic sales of its handsets, including a goal of selling 500,000 Viewty sales in Korea next year. The company has also announced plans to launch a new handset that will replace its Shine phone [2].

For more on LG:
- read this WSJ article [3] (sub. req.)