Wednesday, November 4, 2009

LG Goes After Apple In Decision To Invest In Smartphones

LG Electronics CEO Yong Nam said going forward as the third-largest handset maker invests more heavily in smartphones it will no longer see *Nokia* and *Sony Ericsson* as its main competition, but rather Apple , Research In Motion and Palm . The CEO made the statements at the Woodrow Wilson International Center for Scholars, reports Reuters.

Nam said "we are investing heavily" at the moment in smartphones. "We're not yet there but we'll get there."

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