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S KOREAN PHONE MAKERS DIVERSIFYING EXPORT DESTINATIONS.

AsiaPulse News

| April 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, April 1 Asia Pulse - South Korea's big mobile phone manufacturers are focusing on South American and other emerging markets to diversify their export markets, industry sources said today.

Samsung Electronics Co., LG Electronics Inc. and Pantech Co. and its allied company Curitel Communications Inc. have already decided to step up marketing in central and South America, capitalizing on South Korea's first-ever free trade accord with Chile which went into effect today.

The companies also consider Southeast Asia as another promising market for them, said the sources.

LG Electronics, the world's sixth largest handset maker, is eyeing on Southeast Asian countries, including Vietnam, Indonesia and Thailand, in an effort to preempt the regional mobile phone market with its code division multiple access (CDMA) technology, they said.

In addition, the company is considering ...

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