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 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.

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

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.