Business Services Industry
Brazil: LG increases production and market share.
South American Business Information, April, 2000
LG, which has already invested US$130mil in Brazil, presently produces nearly 200,000 television sets and computer monitors per month in thecountry, up from the 60,000 monthly units produced previously. The company posted a turnover of R$650mil last year, up from R$252mil in 1998. It forecasts sales of nearly R$1bil for this year, of which 40% to be generated by the consumer electronics segment, 30% by computer monitors and 20% by cellular phones. The company invests R$10mil per year in marketing. It increased its share of the national television sets market from 3% in 1998 to 6.5% in 1999, reaching 10% in the first 2 months of this year. As for the monitors market, LG holds a leading position with 32%. The company considers producing air conditioning equipment in...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
