Written by Bob Brunskill
Commercial properties in Dubai may be increasingly being kitted out with LG computer monitors, if the following comments are anything to go by.
Mr H S Paik, president of the company's Gulf division, explained an effective business strategy had helped the firm secure a larger market share.
Research by Display Search showed nearly 4.3 million monitors were sold, meaning LG held 11.1 per cent of this particular industry in quarter one of the year.
During the first three months of the year, the company shifted its global demand from 16:1- aspect ration monitors to 16:9 models, explained Mr Paik – who pointed out this was better than many of its competitors.
"We also extended our product portfolio to accommodate the needs of both consumers and business customers and strengthened our presence in expanding markets," he said.
LG Electronics was founded in 1958 under the name GoldStar. It produced the first consumer radios and TVs for the Korean market in 1960.