Posted by : Unknown Monday 4 March 2013

LG announces sales of 10 million LTE smartphones globally

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LG Electronics has announced that it has sold over 10 million LTE-enabled smartphones all over the world. The announcement comes six months after LG announced that it had managed to sell over 5 million LTE enabled smartphones.
In a statements issued by the company, it’s CEO Jong-seok Park said,
Aggressive pushing forward with 4G LTE technology allows LG [to] satisfy the needs of consumers and is a huge factor in our growing success in global LTE smartphone sales.
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.
[Source: Cnet]
LG has been quite successful with it’s range of LTE-capable smartphones and a major reason for that is the company’s success in certain markets like United States, Japan, Germany and South Kore where consumers want smartphones which can provide them the fastest network speeds.
LG, which has been quite elated with this success is already gearing up for its next milestone. The company hopes to double it’s LTE smartphones market presence  this year and also expects to triple the sales of its LTE handsets this year.
LG’s target for the year 2013 might well be achieved easily as the company has gone more aggressive and announced the Optimus F5 and F7 LTE-enabled smartphones at an affordable price. Also, it’s other high-end LTE smartphone, the Optimus G Pro will also be available soon, strengthening LG’s hold in the LTE smartphone space. 

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