LG plans to push LED TV sales, aims to sell 300 thousand units by the end of 2010

LG said it plans to give a push to its LED TV sales by launching more advanced versions of it in 2010 and expects to sell up to 300 thousand units by the end of 2010.

Amitabh Tiwari, LG Electronics India Head of Sales, said "LED TV is one of the focused areas of the company. We will launch more advanced ones in the first half of 2010." He said the company expects the segment to contribute about 20 percent of its turnover by the end of 2010. At present, LED TVs account for less than four percent of its overall sales.

LG said it expects to achieve a turnover of Rs 13,000 crore this fiscal-end, a 30 percent growth compared to the last financial year. LG had introduced LED TVs in India in September this year and has already sold over 15,000 units of it. "With the new range, we expect that we will be able to sell around 230 thousand to 300 thousand units of it by the end of 2010," Tiwari said.

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