Middle East Construction News – Construction Week Online

Home / NEWS / LG takes pole position with 35% market share


LG takes pole position with 35% market share

by Selina Denman on Jul 27, 2010

  Be the first to comment
RSS Feeds Print this page

LG's front loaders are the top-selling product in this market.
LG's front loaders are the top-selling product in this market.

RELATED ARTICLES: LG goes green at world's largest HVACR eventAmbitious 2010 sales target for LGLG Electronics launches air-con academy in Jordan

LG Electronics is the number one supplier of front loader washing machines in the UAE, with 35% market share.

This compares to 12% market share for LG’S nearest competitor in this segment.

With 2009 revenues of $24 million, LG’s front loaders are the top-selling product in this market. Overseas, LG is also a leader in this category in major markets such as the USA, Brazil, Singapore, Kazakhstan and Saudi Arabia. In the USA, LG’s front-loaders have ranked number one for thirteen consecutive quarters.

Story continues below
Advertisement

FEATURED COMMENT

Please click here to comment on this article

Innovation is at the core of LG’s success. It was one of the first appliance companies to include steam technology and allergy care to wash out allergens without harming fabrics. LG’s premium Steam Washing Machines combine attractive design with a direct drive motor to reduce vibrations and noise whilst conserving power.

“LG’s continuous success is the result of our ongoing effort to upgrade consumers’ lives with innovations that really improve quality of life,” said H.S.Paik, president of LG Electronics Gulf.

“Our operation in the UAE is a key component of our global strategy to expand our offering of the most environmentally-friendly and durable washing machines, such as the LG steam washer.”
 




COMMENTS

Name *
Email *
City
Country
Subject: *
Comments: *
Math Question: *
Solve this simple math problem
and enter the result. E.g. for 1+3, enter 4.
Refresh the image if not clear
Remember me on this computer



NEWSLETTER SUBSCRIPTION
Email:



Arabian Supply Chain Middle East
Hotelier Middle East
Digital Production Middle East
Arabian Oil and Gas Middle East
Construction Week Online - India
Utilities middle east\
Hotelier India
LinkedIn
CWO dotcom

RELATED ARTICLES





Articles
Companies
ITP.com
Ahlan.ae Masala.ae Ahlanlive.com ArabianBusiness.com ArabianBusiness.com/Arabic ArabianBusiness.com/Jobs ArabianBusiness.com/Property ArabianOilandGas.com ArabianSupplyChain.com ArabianTravelDirectory.com ConstructionWeekOnline.com ConstructionWeekOnline.com DigitalProductionME.com Grazia.ae HotelierMiddleEast.com ITP.net TimeOutAbuDhabi.com TimeOutDubai.com TimeOutTickets.com Utilities-ME.com VivaMagazine.ae commsmea.com designmena.com