Tuesday, October 13, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Lexar Introduces New Memory Products
Twitter To Lay Off 8 Percent Of Its Workforce
Apple Ads Retina Displays To All iMac Family
Canon Debuts EOS M10, GX 5 and GX 9 Cameras
LG Electronics Applies For The 'G Pay' Trademark
Samsung Maintains Highest DRAM Market Share in Q2
Toshiba Introduces Windows 10 dynaPad Tablet, dynabook Notebooks
Google Releases Cardboard SDK
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > LG Cuts...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 07, 2011
LG Cuts Smartphone, Handset Targets, Launches 3D Phone With Preloaded Games

LG Electronics cut its 2011 smartphone and handset targets on Thursday because its Optimus series has failed to stop the runaway success of Apple's iPhone and Samsung's Galaxy S.

However, the company is betting the new Optimus 3D smartphone, which was introduced on Thursday in South Korea, and comes pre-loaded with 17 Stereoscopic 3D games from mobile video game developer Gameloft.

LG forecast on Thursday its smartphone sales would reach 24 million units this year, down from its previous target of more than 30 million units, while its overall handset target was slashed by a quarter to 114 million units from 150 million units.

LG is likely to report a fifth consecutive quarterly loss from handset sales in the April-June quarter because it has failed to introduce products to challenge Apple and Samsung and due to weakening demand growth for feature-packed handsets.

LG's rival Samsung is expected to sell at least 19 million smartphones in the second quarter and easily beat its 2011 smartphone target of 60 million units, helped by solid sales of a new version of its Galaxy S.

LG hopes that its new Optimus 3D smartphone will sell 1.7 million units this year. The Android smartphone is based on a Texas Instruments OMAP mobile processor and comes preloaded 3D games. The company is betting the 3D smartphone will help it expand into the portable gaming hardware market.

The three first included S-3D games are Asphalt 6: Adrenaline, N.O.V.A. -- Near Orbit Vanguard Alliance and Let's Golf! 2. Fourteen additional Gameloft S-3D games will be available for download via the 3D Games icon on the LG Optimus 3D. Titles such as: Assassin's Creed: Altar's Chronicles, James Cameron's Avatar, Ultimate Spider Man: Total Mayhem, GT Racing: Motor Academy, Shrek Kart, Modern Combat 2: Black Pegasus, Real Football 2011, Star Battalion, N.O.V.A. 2 -- Near Orbit Vanguard Alliance, Dungeon Hunter 2, Fishing Kings, BackStab, Eternal Legacy and Shadow Guardian will be offered to Optimus 3D owners at half price for the first three months. Archer Craft, an LG produced S-3D game, will also be available as a free download.

Irdeto Acquires BD+ Technology for Blu-ray        All News        Latest Google Maps for Android Introduces Transit Navigation and More
Toshiba Launches Highly Sensitive CMOS Image Sensor For smartphones     Mobiles News      Latest Google Maps for Android Introduces Transit Navigation and More

Get RSS feed Easy Print E-Mail this Message

Related News
LG Electronics Applies For The 'G Pay' Trademark
LG Triples OLED TV Line-up, Slashes Prices
LG V10 Smartphone Announced With Enhanced Camera Features
LG Debuts Windows 10 'Gram' Series Of Laptops In The U.S.
LG Teases With New Smartphone Video
LG Display To Produce Foldable Displays For Smartphones: report
LG Electronics to Release New G Pad II Tablet, New Smartphones
LG To Showcase Rollable TV In 2016
LG Bets On OLED's Success, Showcases Innovative Prototypes At IFA2015
LG To Offer Amazon Titles In HDR On webOS Smart TV Platform
LG To Upgrade WebOS Smart TVs, Demos HDR Content
New LG Luxurious Urbane Smartwatch To Appear at IFA

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .