As the Consumer Electronic Show (CES) 2008 held in Las Vegas become the place to introduce new line up, Korean manufacturers, LG and Samsung, come with empty handed.

Ehtisham Rabbani, VP of product strategy and marketing for LG’s mobile phone business, said cell phone sales rose 28 percent in 2007 but he was vague about what new mobile gadgets consumers could expect to see in 2008. Last year, LG brought new Venus and Voyager for US market.

As the competition among phone manufacturers goes tougher, both Korean could have an advantage over Motorola in the fast-growing Indian market because they already have brand recognition in that country due to their lines of household appliances like refrigerators, televisions, and washing machines.

While Samsung’s market share has been growing in Europe and Asia, it has yet to have a big hit in the US market. And LG, while strong in sales of CDMA phones sold primarily in the US, Japan and Korea, it’s weak in development of the GSM phones used in most countries.

Source: CNN Money’s Fortune

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 Print Posted by Amir Karimuddin on January 7th, 2008