LG Gets into China Market with New 3G Mobile Phones

3G mobile phones are the latest means of earning revenues for most of the mobile phone companies. LG Electronics is also making strong plans to get into China mobile market. It is quite visible as the company has tied up with a couple of leading mobile carriers in this vast country. China is a great market for LG as well as for others. So it is also investing lots of money to boost the sales of its new 3G mobile phones. A few names of the prominent mobile carriers in China with whom LG has projected its plans for increasing sales are China Telecom, China Mobile and China Union.

It is reported that LG is ready to pour in one billion yuan or an approximate amount of $150 million in the mobile market of China. That is a lump sum amount of money which will be invested for the expansion of LG mobile retail outlets as these comprise the only medium of sales. Executives from the house of LG have informed that there is a set of 60 new mobile phones and out of this total 40 per cent are 3G mobile phones. These gadgets are enhanced with high speed Internet, QWERTY keyboards as well as touch screens.