South Korea's LG Electronics said it plans to increase its sales in China by 50% in 2005 year-on-year, targeting sales of US$15bn. In a statement LGE said it was aiming for the top of the Chinese plasma display panel and handset market. The group said it was also looking to raise sales of larger liquid crystal display monitors by more than 50% and stimulate sales of MP3 players and laptop computers in the Chinese market.