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Quotes from tech, media, telecoms execs in Asia

Thu May 17, 2007 7:02am EDT

Reporter's Notebook

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SEOUL (Reuters) - Following are quotes from the Reuters Technology, Media and Telecoms Summit:

LG Electronics Inc. (066570.KS: Quote, Profile, Research, Stock Buzz)

Vice-president of LG's appliances business Soon Kwon:

- "There is huge potential for LG for developing the consumer's needs for bigger and better refrigerators. As your income level grows you want to have a bigger luxury refrigerator. In that sense there is a huge potential as the world economy grows and the overall income level grows."

- "We don't see that much fluctuation in the metal price, but copper prices had gone down 2 months ago. However, today the copper prices have gone up again. I think it's going to go up and down for a while but will never go down to the level that we saw 2 years ago. That impacts a lot on our business."

- "We would like to place LG products in every possible store front in the United States... Today LG has close to 5,000 store fronts where LG products are displayed and sold in the States."

- "We want to make LG the most preferred brand in the Indian market. We have made a great success in the growth. However, today we want to invest more money into the brand."

LG Philips LCD Co. Ltd. (034220.KS: Quote, Profile, Research, Stock Buzz)

Vice-president in charge of TV panel sales Champ Shin:  Continued...

 
Japan Investment Jul 01 - 2, 2008 Country Summits
Global Real Estate Jun 23 - 25, 2008 Real Estate
Consumer and Retail Jun 16 - 18, 2008 Consumer Retail
Investment Outlook Jun 09 - 12, 2008 Financial Services / Exchanges
Global Energy Jun 01 - 5, 2008 Energy

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