Thursday, October 19, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Capital Announces $60 million of New Investments in Data-Focused Startups
Google Offers Bug Bounty for Mobile Apps
Nintendo Switch Update Brings Video Capture and More
Intel Health Application Platform Helps Health Care Providers Reduce Hospital Readmissions
Razer Electra V2 Gaming Headsets Bring Virtual Surround Sound and Aluminum Headband to Everyone
Alphabet Invests $1 Billion to Lyft
Microsoft TruePlay Anti-cheat Game Feature to be Added to UWP Games
Apple Cut iPhone 8 Production by 50 percent: report
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

Sunday, March 03, 2013
LG Says It Has Sold More Than 10 Million LTE Smartphones


LG today reported that it has sold more than 10 million LTE smartphones worldwide, a result of the company's aggressive push into 4G markets.

"Aggressive pushing forward with 4G LTE technology allows LG satisfy the needs of consumers and is a huge factor in our growing success in global LTE smartphone sales," said Dr. Jong-seok Park, President and CEO of the LG Mobile Communications Company. "Having established ourselves as a major industry player, we will continue to expand our footprint in the global LTE market with a wider range of differentiated, high quality LTE smartphones."

LG has expanded its presence in this segment as a result of its early entry into the LTE market and its research and development efforts in LTE. Last year, LG launched LTE smartphones in significant markets such as the United States, Japan, Germany and South Korea. In recent weeks, the company began a global rollout of its LG Optimus G in an additional 50 countries.

According to Strategic Analytics, global shipments of LTE smartphones are expected to drastically increase to 275 million units this year. owever, LG continues to lose ground in the LTE market, according to the research firm. In the third quarter of 2012, LG's market share fell to 9 percent from 15 percent in the previous quarter. Samsung remained the market leader even though its share fell from 51 percent to 40 percent. Apple brought in 26.7 percent for second place.

LG is aiming to double its LTE smartphone penetration this year, expanding its presence in both established and emerging markets with a variety of devices.

For this year, LG is targeting the spectrum of LTE customers, with its high-end G series aimed at early adopters, the F series at users transitioning from 3G to 4G LTE networks, the lower-end L series and the Vu tablets.


Previous
Next
Next Samsung Galaxy Smartphone To Lose AMOLED Display, Exynos Chip: rumors        All News        Evernote Attacked, Company Asks Users To Reset Their Passwords
Next Samsung Galaxy Smartphone To Lose AMOLED Display, Exynos Chip: rumors     Mobiles News      DOCOMO Achieves First 10 Gbps Packet Transmission in Outdoor Experiment

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung and LG Showcase Next-generation Displays at IMID 2017
LG, Qualcomm to Jointly Develop Connectivity Solutions for Autonomous Cars
LG's Q3 Operating to Rise on Strong TV and Home Appliances Sales
LG V30 and V30+ Smartphones Coming in the U.S.
Both LG and Samsung Invest EUR25 million in OLED Material Developer Cynora
LG Innotek Develops First 2G V2X Full Module for Autonomous Vehicles
LG V30 Smartphone Ups the Ante for Design and High-end Content Creation
LG Electronics to Bring Bang and Olufsen Audio to OLED TVs
LG Teases With Premium Audio of New V30 Smartphone
LG Appliances to be Compatible with Amazon Echo
LG to Establish Factory for Electric Vehicle Components in the U.S.
LG to Bring New Gaming Monitors to IFA

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .