LG Elec aims to sell 5 mln or more LED TVs in 2010
Published: 21 Oct 2009 00:06:55 PSTSEOUL, Oct 21 - LG Electronics <066570.KS> aims to sell 5 million or more LCD TVs using light-emitting diodes (LED) next year, a TV executive said, as the world's No. 2 TV brand plays catch-up with Samsung Electronics <005930.KS> in the premium flat-screen TV market.
Separately, Chief Financial Officer David Jung said earnings would weaken "quite a bit" in the fourth quarter due to seasonal inventory adjustment and research spending on smartphones.
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