Tuesday, October 25, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Seagate 6th Generation High-Speed Enterprise Performance HDD
Google Pixel XL Manufacturing Cost is in Line with Rival Smartphones
Intel introduces Atom E3900 processors For IoT
HTC Losses Deepen
BlackBerry Announces DTEK60, Latest Android Device With BlackBerry's Security Software
Emporio Armani Launches A Hybrid Smartwatch
Toshiba's Voice Recognition Technology Can Distinguish Multiple Individual Speakers Without Training
Alexa Skill To Lets You Control Your Harmony Hub-based Universal Remotes
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > LG Says...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, May 28, 2012
LG Says It Has Sold Three Million LTE Smartphones

Global sales of LG Electronics' LTE smartphones have reached three million units, positioning it among the frontrunners in the competitive LTE market, the Korean company announced today.

"Reaching the three million milestone this early in LTE?s global roll-out is a strong sign that customers are on board with our LTE strategy," said Dr. Jong-seok Park, President and CEO of LG Mobile Communications Company. "Improving the user experience is at the core of LG's vision and we'll continue to take leadership in the LTE market by offering features that offer clear customer benefits."

LG plans to further expand its LTE leadership in 2012 as the number of countries offering LTE smartphones from LG expands from 10 to 20 markets by the end of the year.

At the Mobile World Congress in February, LG stated its goal to sell 8 million LTE phones and a total of 35 million smartphones this year.

According to Strategy Analytics, the worldwide leader in handset sales for the first quarter of 2012 was Samsung with a 25 percent market share. Nokia was the runner-up with 22.4 percent, while LG had a mere 3.7 percent.

In LTE phones alone, LG is third with 13 percent, but Samsung is still the leader marking 57 percent in market share, while Motorola is second at 17 percent.

LG made its debut in the LTE market with the release of the Revolution model released in May 2011.

LG Optimus LTE was also launched in October 2011 and exceeded salesof one million units within the first 100 days, making it the most popular LTE-capable phone.

LG Optimus Vu was launched in Korea in February 2012. The smartphone featrues a 5-inch IPS display and 4:3 aspect ratio and tt 8.5mm, it is the slimmest LTE phone currently on the market.

LG Optimus LTE Tag followed the launch of the Optimus Vu model and offers Tag+, a feature which uses Near Field Communication (NFC) to interact with special stickers that change the phone's settings automatically.

LG's latest LTE device is the LG Optimus LTE II, the the an LTE smartphone with 2 GB RAM.

According to a report by Jefferies & Company, LG is the global leader in LTE patents with ownership of 23 percent of approximately 1,400 LTE patents filed worldwide worth almost USD 8 billion.

LG Display Develops First 5-inch Full HD LCD Panel For Smartphones        All News        Bing Maps Now Using Nokia Backend Services for Traffic and Geocoding
LG Display Develops First 5-inch Full HD LCD Panel For Smartphones     Mobiles News      Facebook May Release Own Smartphone Next Year

Get RSS feed Easy Print E-Mail this Message

Related News
LG's Next Flagship G6 Smartphone Won't be Modular
LG launches 38-inch 21:9 Ratio Monitor
Qualcomm Makes First MulteFire Over-the-Air
LG Electronics 3Q profit Down As Mobile Worries Continue
LG and Samsung Replacing LCD with OLED Amid Competition From Chinese LCD Makers
LG Curved OLEDs Not Ready For The G6 Smartphone: report
LG's New X Power Phone Coming At Boost Mobile, Sprint
LG's 77-inch 'LG Signature' OLED TV Available For $20K
LG V20 Smartphone Is Coming With Android Nougat, Dual Screens, Wide Angle Cameras
LG Electronics to Release Quantum Dot TVs Next Year
LG to Boost Its Components Business
LG Partners With Amazon For Smart Home Solutions

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .