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LG commits to major smartphone, tablet, and smart TV investments for New Year's resolution

Ross Miller
December 20, 2010
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LG's set aside quite a big chunk of change -- 21 trillion won (about $18 billion) -- for investments next year, almost 12 percent higher than its 2010 allowance. And a good chunk of that, 14.2 trillion won, is going to electronics: smartphones, tablets, advanced TVs and components for 3DTVs, according to the Wall Street Journal. (The rest, if you're curious, is going into medical products, electric vehicle batteries, and an assortment of other businesses.) True, LG's position in the smartphone market isn't quite what it wanted -- its now-former CEO Nam Yong claimed responsibility and retired in September -- but we'd be lying if we said we haven't been smitten with its Optimus lineup of Android handsets lately, and already we've seen some impressive future devices. Now, those tablet investments... figure out an OS yet? Can we make suggestions?

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