LG aims for Rs 200 cr revenue from 4G-ready G2 smartphones by 2014 - Economic Times
(LG expects to garner revenue…)
GURGAON: Korean technology major LG expects to garner revenue of up to Rs 200 crore by 2014 from its 4G ready smartphones LG G2 that it launched today at a price starting from Rs 41,500.
"We have set a target to capture 10 per cent of smartphone market share by end of 2014. At LG we innovate by learning from customers. LG G2 is an example for that. We are initially targeting Rs 150-200 crore revenue from G2 alone," LG India Managing Director Soon Kwon said.
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