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Vice Chairman & CEO of LG Electronics visits the Kingdom of Saudi Arabia

Saudi Arabia: Sunday, April 23 - 2006 at 15:59
PRESS RELEASE

As part of its ongoing endeavour to expand regionally and to enhance its presence in the Kingdom of Saudi Arabia and in the region, Mr. S.S Kim, Vice Chairman & CEO of LG Electronics and Mr. K W Kim, President Middle East & Africa Operations recently visited the Kingdom of Saudi Arabia.

Mr. S.S Kim, Vice Chairman & CEO of LG Electronics.

During the visit, Mr. Kim met with exclusive LG partners (H.G. Ibrahim Shaker Company, LG Air Conditioning distributor, United Yousef M.Naghi Co. Ltd, LG Home Appliances & Consumer Electronics distributor and Al Jassim Electronics Est., LG IT products distributor) and expressed his deepest gratitude for their continuous support and for maintaining the pioneer position of LG Electronics in the Kingdom of Saudi Arabia. He assured the partners of LG's ongoing commitments towards both partners and local dealers, by providing the world's most advanced technology and the highest standard of experience in terms of after-sales service, maintenance and training.

Mr. Kim also expressed his appreciation to the media in KSA, for their key role in creating brand awareness to Saudi consumers and for highlighting the success of the LG Electronics, locally and internationally. He promised full support and help to Saudi media through the LG Media Club, as an acknowledgment of their commendable efforts in this region.

"LG sales were US$2.27 billion in Middle East and Africa in the year 2005, achieving 8% increase compared to 2004. LG is targeting 20% increase during the fiscal year 2006. LG Electronics is ranked first within the category of air-conditioner, refrigerator, washing machine, microwave oven, plasma screens and optical storage devices"

Mr. Kim added.

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Wael Sabri - Media Relations Manager
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Tel: +966 2 661 4109
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About LG Electronics:

LG Electronics, Inc. was established in 1958 as the pioneer in the Korean consumer electronics market. The company is a global force in electronics, information and communications products with 2004 annual sales of US $38 billion (consolidated). With more than 66,000 employees working in 76 subsidiaries in 39 countries around the world, LG Electronics is comprised of four main business companies including Mobile Communications, Digital Appliance, Digital Display, and Digital Media.
LG Electronics' goal is to enable the intelligent networking of digital products that will make consumers' lives better than ever.

Posted by Anne-Birte Stensgaard, Senior News Editor
Sunday, April 23 - 2006 at 15:59 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

This article was updated on Wed May 23 2007.

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Vice Chairman & CEO of LG Electronics visits the Kingdom of Saudi Arabia

As part of its ongoing endeavour to expand regionally and to enhance its presence in the Kingdom of Saudi Arabia and in the region, Mr. S.S Kim, Vice Chairman & CEO of LG Electronics and Mr. K W Kim, President Middle East & Africa Operations recently visited the Kingdom of Saudi Arabia.

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