LG unveils new mobile phone to succeed "Chocolate"

LG Electronics Inc. (066570.KS), the world's number four mobile phone maker, on Wednesday unveiled a new handset model aimed at repeating the success of its premium "Chocolate" phone and building market share.

"The new version of the Chocolate phone follows the current consumer preference for (slim) metal casings. It's a global market trend," said SR Kwon, an analyst at Hyundai Securities.

LG's mobile phone business, trailing Nokia (NOK1V.HE), Motorola Inc. (NYSE:MOT - news) and Samsung Electronics (005930.KS), is on the rebound after seeing its market share ravaged by blockbuster models such as RAZR and Walkman music phones.