LG Electronics Sells 10M LTE Smartphones Globally
LG Electronics (LG) has announced that it has sold more than 10 million LTE smartphones globally. Company is aiming to double its LTE smartphone penetration this year, expanding its presence in both established and emerging markets with a variety of devices.
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.
“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.
According to Strategic Analytics, global shipments of LTE smartphones are expected to drastically increase to 275 million units this year.