Mobile Phones Guide
LG Reaches Five Million LTE Smartphones Sales
LG announced that it has reached global sales of up to five million with its LTE smartphones. When the company focused on key markets with LTE capabilities, LG saw strong acceptance when they offered diverse LTE smartphones according to consumer needs.
“Sales of global LTE smartphones are expected to increase ten-fold this year from last year...With that in mind, we are planning to introduce an even more impressive LTE line-up in the next several months second to none,” said Dr. Jong-seok Park, President and CEO, LG Mobile Communications Company.
LG had released its first LTE smartphone in May last year, through the largest carrier in the U.S. Verizon Wireless and had expanded its LTE target markets with its global LTE smartphones. Although Optimus LTE takes the title of the most popular LTE smartphone from LG with two million in sales, their Optimus Vu had sold over 500,000 units since March, demonstrating the device’s acceptance as it prepares for its global roll-out. The release of the industry’s first 2GB RAM, LTE smartphone Optimus LTE II in May, LG saw the fastest sales among all LTE smartphones with this device reaching half a million units in the first 70 days.
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