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Friday, November 13 - 2009

Sales up by 80% for LG across the lower GCC during Ramadan

  • United Arab Emirates: Sunday, October 14 - 2007 at 10:11
  • PRESS RELEASE

Global and regional digital leader LG Electronics has reported a significant boost in its sales across the lower GCC during Ramadan, due to an increase in spending by consumers during the Holy Month, LG sales rose to 80% during the period.

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While LG witnessed an impressive performance for all its segments, its mobile handset and digital display divisions outshone the rest with consumers buying its sophisticated products such as the Time Machine TV and the Shine and PRADA handsets. In the UAE, pre-Ramadan specials launched by LG during GITEX Shopper, which took place from September 6-13, saw brisk sales of its electronics products.

"Ramadan is an excellent time for consumers to explore great gift ideas for themselves as well as their loved ones," explained Mr. K.W. Kim, President of LG Electronics - Middle East and Africa. "Consumer electronics has always been a favourite gift idea in this region and we made it special this year with more innovative products and fantastic bargains."

The digital leader also announced the results of the UAE raffle draw of the mega promotion that was initiated around a month ago for the Holy Month across three GCC countries - UAE, Qatar and Oman.

Buyers of LG products such as laptops, TVs, DVD players and mobile phones were eligible to enter into the raffle draw. Additionally, buyers of LG products at GITEX Shopper 2007, which was held at Airport Expo, Dubai, also participated in the campaign through LG's channel partners - Sharaf DG, Plug-Ins and Jacky's - who had their own stands at the event.
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Notes and media contacts

For more information, contact:

Hamad M. Malik
Director
Marketing & Corporate Communications
LGE Middle East & Africa Operations
Tel: +9714-3340066
Fax: +9714-3370515

Edward D'Mello / Sameena Ibrahim
Polaris Public Relations
Dubai, UAE
Tel: +9714-3415555
Fax: +9714-3415588

About LG Electronics

LG Electronics, Inc. is the global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 82,000 people working in over 120 operations including 80 subsidiaries around the world. Comprising four business units - Mobile Communications, Digital Appliance, Digital Display and Digital Media with 2006 global sales of USD 38.6 billion - LG Electronics is the world's leading producer of CDMA handsets, air conditioners, optical storage devices, DVD players and home theatre systems.

LG Electronics Digital Display Company provides core technologies for cutting-edge digital products and is a world leader in digital display products including Plasma TVs, LCD TVs and Monitors, and HDTV (high-definition televisions).

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