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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Osama bin Laden, in tape, threatens to kill Americans 8:03am EDT Bin Laden threatens Americans with execution 12:28pm EDT Possible new human ancestor found in Siberia 24 Mar 2010 Obama dares Republicans to seek healthcare repeal 3:46pm EDT Sex toy startup has some big backers 17 Mar 2010 Scientists find how relaxed minds remember better 24 Mar 2010 Marijuana legalization will be on California ballot 6:51am EDT Possible new human ancestor found in Siberia 24 Mar 2010 Inside a global cybercrime ring 24 Mar 2010 Sex toy startup has some big backers 17 Mar 2010 LG aims at 25 percent of global 3D TV market SEOUL Thu Mar 25, 2010 6:00am EDT Related News UPDATE 1-LG Elec aims at 25 pct of global 3D TV market 2:11am EDT LG Elec aims at 25 pct of global 3D TV mkt this yr 1:01am EDT Participants wearing special glasses for a 3D TV watch a 3D movie through LG Electronics' 3D TV during the company's 3D television strategy presentation at LG Electronics' R&D centre in Seoul December 15, 2009. Credit: Reuters/Choi Bu-Seok SEOUL (Reuters) - LG Electronics, the world's No.2 TV brand, said on Thursday it was aiming to sell nearly 1 million 3D TVs this year to take one-fourth of the market, joining a growing number of global tech firms betting 3D will become the next hot product. Technology Many manufacturers hope the technology will be as big a boost for the industry as the transition to color TVs from black and white, although a lack of 3D content and the need for special glasses may keep people from adopting the technology outside the cinema. South Korea's LG Electronics said on Thursday it wanted to increase market share in 3D TVs more aggressively, hoping to keep its lead over close rival Sony and fight falling prices with premium models. "Our goal is boosting market share in 3D TVs and you can clearly see that, as our target for 3D market share is 10 percentage points above our LCD TV sales target," Havis Kwon, LG's vice president and head of the LCD division told reporters. LG, which competes with local rival Samsung Electronics Co Ltd and Japan's Sony Corp, said it expected the global 3D TV market to grow to around 3.8 million units this year and to more than 13 million in 2011. The maker of the Infinia TV brand showcased 3D TVs with LED-backlit LCD screens that are 22.3 millimeters thick and said its 47-inch LX9500 model would cost around 4.7 million won ($4,134) including two pairs of glasses. The product will go on sale next week in South Korea ahead of a global launch around May. At 0535 GMT, shares in LG Electronics jumped 6 percent to a one-month high of 115,500 won, with trading volume rising to almost three times the average 30 day volume. "Shares have really been beaten down lately amid concerns about its smart phone performance, and on new worries that its strong television business may face a slowdown in the second half, after the World Cup," said Kim Kap-ho, analyst at LIG Investment & Securities. "But as its sector peers have rallied in recent weeks, LG Electronics shares at the current level offer attractive valuations." LG, which wants to increase its global market share in LCD TVs to 15 percent this year from 11 percent last year, said it sold around 5.2 million LCD sets in the first quarter versus a 2010 target of 25 million sets. (Reporting by Miyoung Kim; Additional reporting by Jungyoun Park; Editing by Jonathan Hopfner) Technology Add a Comment More from Reuters Special Report: When did Toyota know about crash risks? Toyota sent a stark warning to dealers two years ago about the dangers posed by its floor mats and quietly worked to fix the issue. 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