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LG announces 10 million LTE smartphones sold worldwide
LG PASSES TEN MILLION MARK IN LTE SMARTPHONE SALES
LG Expands LTE Market with Compelling Lineup Targeting Diverse Range
of Consumer Needs
SEOUL, Mar. 3, 2013 -- LG Electronics (LG) reports that it has sold
more than 10 million LTE smartphones worldwide, a result of the
company's aggressive push into 4G markets with a combination of the
best hardware and advanced 4G LTE technologies.
"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's success in expanding its presence in this segment is a result of
its early entry into the LTE market and its leadership in LTE research
and development. Last year, LG launched popular 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.
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. New for 2013, LG's Optimus F series will deliver a
high-speed experience to users transitioning from 3G to 4G LTE
networks in countries around the world.
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