more-inLG Electronics India, which is eyeing a 10% growth in the current year amid ‘tough’ market conditions, is working on developing an India-specific smartphone, Kim Ki Wan, MD, LG Electronics India told The Hindu. For instance, Mr. Kim said, Indians like taking pictures, so the phone’s camera needs to be really good. Mr. Kim said 2017 was full of fluctuations and challenges due to the roll out of GST, the new indirect tax regime. Mr. Kim said that till such time, “the government should waive the duty. Asked about the growing competition changing the TV segment, Mr. Kim said, “Yes, it is.

Source: The Hindu May 21, 2018 15:59 UTC