
ASIA
/ Europe : LG Electronics announced that it will launch its DMB (Digital
Mobile Broadcasting) phone business in Europe with the first release
of handsets in Germany in May.
The LG-V9000, which was
developed by LG last October, is currently being showcased at CeBIT
2006 which opened today and runs until March 15. A giant-sized mock-up
of the sleek handset -- equipped with a real, spinning LCD monitor
-- is on show at the LG booth and has already been drawing the attention
of visitors who have been looking forward to the launch of the DMB
service and the release of the phone. DMB is scheduled to be in test
service in Germany during May and commercialized in June.
The model is compatible
with Europe's GSM (2G)/ GPRS (2.5G)/ UMTS(WCDMA) (3G) services, which
account for 75 percent of the global handset market, and with terrestrial
DMB which has been developed in Korea. With its unique wide-swing
2.2 inch LCD screen, the LG-V9000 gives users a quality TV viewing
experience for up to three consecutive hours and users are also able
to enjoy high-speed multimedia service. Its Mobile XD EngineTM is
the key to the screen's high resolution.
Mr. Mun-Hwa Park, President
and CEO of LG Electronics Mobile Communications, said, "This
is perfect timing. We are introducing the LG-V9000 in Germany not
only to coincide with the launch of the country's DMB service but
also just in time for its hosting of the 2006 World Cup. This reflects
LG's smart, pre-emptive strategy in the highly competitive 3G UMTS(WCDMA)
market and we believe this will secure our market leadership in the
category."
Meanwhile, Strategy Analytics(SA),
a research institute, has predicted that the size of the global mobile
TV phone market, which is currently 8 million units accounting for
only 1% of the overall handset market, will grow to 120 million units
by 2010, representing 10% of handsets worldwide.