LG Electronics plans to release an Android-based tablet under the Optimus name in time for the holidays. Ten Optimus phones are also on the way this year.

With a skimpy 8% share of the US market, according to the research firm comScore, Nokia trails Samsung, LG, Motorola and Research In Motion, the maker of the BlackBerry.

The new e-book reader has a 15.24 cm display panel and a 10 cm square solar panel; impressively, the solar cell measures just 0.7mm in thickness, thus obtaining the relatively light weight of 20 grams.

LG Electronics, the world's third-biggest mobilephone maker, reported a 33% drop in second-quarter profit after it lagged behind Apple and Samsung Electronics in offering smartphones.

LG is in the process of implementing detailed strategies for smartphones in its key overseas markets and will soon launch what company officials say are "killer products".

LG Telecom Ltd., South Korea's smallest mobile-phone operator, forecasts smartphones will account for 40% of the company's handsets this year.