Mobile Fair-LG unveils touch screen phone model

BARCELONA, Feb 11 (Reuters) - Korean mobile phone maker LG Electronics Inc (066570.KS: Quote, Profile, Research, Stock Buzz) unveiled at the start of Mobile World Congress trade show on Monday a new KF-700 slider phone with a large, 3 inch-touch screen.

LG's Chocolate and Prada phone models have been very successful on many developed markets and LG, the world's fifth largest mobile phone maker, said last month it aimed to increase its global phone sales by around 25 percent this year, to 100 million handsets.

LG and three out of four of it larger rivals -- Nokia (NOK1V.HE: Quote, Profile, Research, Stock Buzz), Samsung Electronics (005930.KS: Quote, Profile, Research, Stock Buzz) and Sony Ericsson (6758.T: Quote, Profile, Research, Stock Buzz)(ERICb.ST: Quote, Profile, Research, Stock Buzz) -- have reported strong growth numbers in last quarters, helped by falling sales at U.S. firm Motorola (MOT.N: Quote, Profile, Research, Stock Buzz). (Reporting by Tarmo Virki; Editing by Tomasz Janowski)