LG, Ruba Group sign agreement

LAHORE (PR) - LG Electronics (LG) recently signed an agreement with one of the countrys largest industrial & trading group Ruba Group, at a signing ceremony held at a local hotel in Lahore. According to the agreement, Ruba group will now be the official distributor of LG LCD/POP/LED TVs across the country. Present on the occasion were Mr. Ryu Su Young, General Manager, LG Electronics Pakistan, Mr. Ayub Khan, President, Ruba Group Of Companies along with other senior management personal from both LG Electronics and Ruba group and people from print and electronic media. LG plans to aggressively expand the LED/LCD/Plasma TV business in Pakistan and is aiming to achieve atleast 30% market share in LCD TV and 50% market share in Plasma TV by the end of 2010. During the last quarter of 2010, LG also aims to launch 3D TV through Ruba group, which will also be their flagship product for year 2010.

ePaper - Nawaiwaqt