LG Posts Record Sale Of One Lakh Monitors
LG has achieved impressive sales of 100,000 monitors in a single month Attributes success to aggressive marketing strategies & channel support

LG Electronics India Pvt Ltd, the leader in Consumer Electronics and Appliances reiterates its leadership in monitors market by achieving an astounding sale of 100,000 monitors in the month of July.
Commenting on this occasion, Mr. R. Manikandan, General Manger (Sales & Marketing), IT Products, LGEIL stated "LG has achieved a sale of 100,000 monitors in July and the channel's contribution to this has been immense. We thank our channel partners for their continuous support and would like to assure that LG shall continue the current momentum and ensure better channel profitability."
LG owes its success in the market to its aggressive marketing strategy and localized reseller schemes. It has captured a major share in the monitors market and has reiterated its strong position in the monitor market.
LG currently has 8 models of LCD and 5 models of CRT monitors in the market. It has also launched the world's first LCD Monitor with "F -Engine" technology which corrects and enhances the picture to make it look closer to real life images. Other unique aspects of LG's LCD Monitors are ultra-fast response time of eight milliseconds with better viewing angle and high contrast ratio. The USP of LG CRT monitor is its 180 0 swivel screens and high bright feature.
In the LCD space LG has 23 per cent market share whereas in the CRT the company commands 35 per cent market share. Going forward, LG plans to enhance its market share and the company will continue to strengthen its product portfolio as well as introduce more channel friendly schemes
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About LG Electronics India Pvt. Ltd.
LG Electronics India Pvt. Ltd., a wholly owned subsidiary of LG Electronics, South Korea was established in January 1997 in India. One of the most formidable brands in the consumer durable and home appliances segment, LGEIL has an impressive portfolio of Color Televisions, Washing Machines, Air-Conditioners, Microwave Ovens, Refrigerators (Direct Cool and Frost Free), PCs, Vacuum Cleaners, Audio Systems, DVDs, PDPs, optical storage devices, Laptops and GSM mobile phones. In India for over nine years, LG has earned a premium brand positioning due to its superior quality, high product performance, revolutionary technological delivery and warm service. LG is the acknowledged trendsetter for the consumer durable industry in India with the fastest ever nationwide reach, latest global technology and product innovation.
LGEIL has achieved a turnover of Rs. 7500 crores in 2005. LGEIL's first manufacturing unit at Greater Noida is one of the most eco-friendly units among all LG manufacturing plants in the world. The new and second Greenfield facility of LG Electronics India located at Ranjangaon, Pune has the capacity to manufacture GSM Mobile Phones. Color Televisions, Air Conditioners, Refrigerators, Washing Machines, Microwave Ovens and Color Monitors .This is India's first mobile phone manufacturing unit.
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