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Lg Electronics Unveils Larger Screen Phone, Shrugs Off Lenovo Threat


Ron Burgundy
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LG company logo is seen following an event during the annual Consumer Electronics Show in Las VegasBy Hyunjoo Jin SEOUL (Reuters) - South Korea's LG Electronics unveiled a revamped version of its large-screen smartphone G Pro on Thursday, hoping it will help propel the company to the No. 3 spot in global smartphone sales this year. LG Electronics, currently ranked No. 4, is seeking to move past Huawei Technologies Co Ltd as well as Lenovo Group which recently agreed to buy Google Inc's Motorola handset division for $2.9 billion. The deal, if approved by regulators, would catapult Lenovo from No. 5 to No. 3 - a threat that LG Electronics executives shrugged off. "The Lenovo-Motorola deal has created a great media buzz, but this has not been much talked about within our company," Andy Kim, head of mobile product planning at LG Electronics, told a news conference.




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