LG To Bring Out 20 New Phones; Expect Sales Of 4 Mn GSM Handsets By Next Year

LG Electronics India Private Ltd (LGEIL) has declared that the company would launch around 20 new cell phones by the coming year.Additionally, the company aspires to triple its business in the GSM section, and plans to sell four million handsets by the coming year (2008).The company has decided to invest more than Rs 11 billion (USD 278 million) by 2011 in order to reinforce its share in the