LG aims to acquire 33% of TV market

LG Egypt aims to increase its market share of TV sales to 33% by the end of this year, according to the TV department director at LG Egypt, Mohamed Talaat.

He said that LG’s sales witnessed a significant improvement over the past year and the first quarter (Q1) of this year due to the stability of the exchange rate and the growth of local market sales.

Talaat added that LG is the second largest seller of TVs in Egypt with a market share of 30%, with only a 0.5% gap from the top seller.