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LG Lags Behind in Smartphone Industry: Cuts 2011 Sales Projection by 20%

Though, Smartphone industry is witnessing explosive growth worldwide, LG - the third largest mobile phone maker - has missed the bus with distance. On Thursday Park Jong Seok, Head of Mobile Business - LG, has announced that company has decided to cut short the sales forecast of the year 2011 by 20% due to significant decline in LG mobile...

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