LG Scarlet surpasses sales expectations in the region

LG Electronics, a leading player in the global flat panel display market, has announced that its Scarlet TV series, the world's slimmest LCD TV, has reported impressive initial sales in the Middle East of over 2,730 units since its introduction last month.

  • United Arab Emirates: Tuesday, June 24 - 2008 at 15:39
  • PRESS RELEASE


LG Scarlet.
LG Scarlet.

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In the UAE itself, LG has sold over 1,638 units of the Scarlet range and the digital leader plans to introduce the bestselling product in other new markets.

Mr. K.W. Kim, CEO of LG Middle East and Africa Regional Company said:

'The interest from consumers has been fantastic. The LG Scarlet is a powerful combination of stylish design and shape as well as LG's innovative LCD technology. This flagship product has earned the respect of the region's consumers and we plan to strengthen this line-up in the months ahead.'



The LG Scarlet, the world's slimmest at just 45mm, gives viewers the ability to precisely calibrate the image and automatically adjusts brightness according to ambient light, to create an optimal viewing experience.

In addition to being a technological marvel, the LG60 sports a design intended to connect with viewers on an emotional level.

The hallow circle at the lower part of the bezel serves as a decorative focal points and soft touch sensor makes even a simple task like turning the TV on or off more appealing, The TV provide subtle illumination from its back creating a calming effects.

As per the first quarter results announced recently, Digital Display Company sales jumped 32.1% to $3.808bn powered by rise in sales of flat TVs and monitors; LCD TVs 82%, Plasma TVs 18% and monitors 30% from a year earlier.

PDP module sales grew 17% on year thanks to the company's demand in plasma TVs and 32 inch line-ups to the company and other vendors.

Operating profit successfully recovered to $1m.

LG also expects sales of the Scarlet range to jump across the globe in view of the upcoming Beijing Olympic Games.




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Notes and media contacts

Specifications
- Resolution: 1366 x 768 for 32 & 37 inches
1920 x 1080p for 42 inches and above
- Contrast Ratio: 50000:1
- Brightness: 500
- Response Time: 4ms
- Other Option: USB, 3xHDMI, component, AV in & out, invisible speaker,
intelligent sensor

About LG Electronics, Inc.
LG Electronics, Inc. is a global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 82,000 people working in over 110 operations including 81 subsidiaries around the world. Comprising four business units - Mobile Communications, Digital Appliance, Digital Display and Digital Media with 2006 global sales of $38.5bn - LG Electronics is the world's largest producer of CDMA handsets, air conditioners, optical storage products and DVD players.

About LG Electronics Digital Display Company
LG Digital display Company is a leading producer of LCD and Plasma TVs and it is one of top maker of Plasma modules. While focusing on creating well designed, feature rich TV's, the company is also pushing technologies boundaries to create a more exciting viewing experience. LG product area is includes television and computer monitor, plasma display panel, OLED & others.

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/ Rima Salman
Polaris Public Relations
Dubai, UAE
Tel: +9714-3415555
Fax: +9714-3415588
Eman Hassan Posted by Eman Hassan
Tuesday, June 24 - 2008 at 15:39 UAE local time (GMT+4)

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This Article was updated on Wednesday, June 25 - 2008
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