Word: rosee
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...Still, in Asia, LG has taken on the world's best and proved it can hold its own. In China and India, LG has become a preferred brand. In China, which Kim calls the "toughest marketplace in the world," sales last year rose 40%, to $2.8 billion. In India, LG has beaten out Sony and Samsung to claim the No. 1 market share in everything from TV sets to refrigerators to CDMA phones...
...retailing ideas, but by sprucing up displays and introducing higher-end products, Home Depot can get each shopper to spend a little more. Home Depot's best-selling ceiling fan used to be a $19 model; now it's a $199 model. In the first quarter, the average ticket rose 7.4%, to $55.11, a record for Home Depot, although still below the $59 average ticket of Lowe...
...struggle. "I feel like I got to work at it sometimes," he says. "There are people who are blessed--things just come to them. I think I'm conscious of it, and I really try to apply myself." So far, his approach is working. Comparable-store sales rose 7.7% in the first quarter, the biggest jump in five years, while profits rose 26%, to $1.1 billion. Overall sales increased 16%, to $17.6 billion...
...seems well on its way. While most of the electronics industry, including Sony, suffered sagging growth and profits in recent years, LG's market presence surged. Revenues jumped 18% last year, to $17 billion, and net profits rose 33%, to $556 million. LG has the electronics world bracketed. At the commodity end, low-cost plants in China make the firm a power in developing markets. At the big-bucks, high-tech end, LG's home in broadband-rich South Korea has fostered a focus at LG on design and function that capitalizes on the digital home. Last year...
Still, in Asia, LG has taken on the world's best and proved it can hold its own. In China and India, LG has become a preferred brand. In China, which Kim calls the "toughest marketplace in the world," sales last year rose 40%, to $2.8 billion. In India, LG has beaten out Sony and Samsung to claim the No. 1 market share in everything from TV sets to refrigerators to CDMA phones...