Business Services Industry

ACTIVITY OF LG ELECTRONIC COMPANY IN MIDDLE EAST

Info-Prod Research (Middle East), November, 2002

Al-Bayan newspaper quoted the Assistant Manager for Operations in the Middle East of the South Korean LG. Electronics Company who said that the sales of the Company in the Gulf States, except for Saudi Arabia, reached $150 million in the first eight months of 2002, a rise of 19% from the same period in 2001.

The paper noted that he participated in the news conference held in late September 2002 in the Sales Center of the Company in the Jabel Ali Free Trade Zone. The paper added that the LG. company operates in Saudi Arabia, in Bahrain, Qatar, Oman, Jordan, Tunisia, Morocco, Iran, Pakistan, and in South Africa.

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