Quantcast

LG aims to sell 40 million smartphones in 2013



SEOUL – LG Electronics on Monday set a global sales target of 40 million smartphones for 2013, as the South Korean firm seeks to expand its presence in a market dominated by bigger rivals such as Samsung.

The world’s fifth-largest handset maker said in a statement that it aims to shift 10 million units each quarter by more than doubling sales of phones designed for next-generation 4G services called Long-Term Evolution (LTE).

Once the world’s number three phone maker in the pre-smartphone era, LG has struggled in recent years, with its Optimus smartphone series lagging Apple’s iPhone and Samsung’s Galaxy S.

But heavy promotion of new models including the Optimus G saw LG’s smartphone sales surge 56 percent in the fourth quarter of 2012 from a year ago to a record 8.6 million units.

Last week, the firm unveiled its latest Optimus G, featuring a full high-definition screen, which packs 2.0 million pixels — twice as many as smartphones with ordinary HD screens.

LG’s main domestic rival and the world’s top smartphone maker, Samsung, has sold more than 40 million units of its latest flagship handset, Galaxy S III, since its launch in May.








Recent Stories:

Afghan president visit Saudi Arabia 11 mins elapsed Hudson’s long-awaited Series debut ends in loss 28 mins elapsed ‘The Trial’–pluses and minuses 49 mins elapsed When Ryzza met Nora 1 hour elapsed 5.2 magnitude earthquake in northern Greece 1 hour elapsed Too many sponsors 2 hours elapsed Stellar performances compared 2 hours elapsed Dallas nurse receives thanks, hug from Obama 2 hours elapsed
Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.






Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement
Marketplace