LG aims for 40-million smartphones sold in 2013

LG Electronics set a global sales target of 40 million smartphones for 2013

February 25, 2013
LG Electronics TV logo

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.

LG Optimus G

LG Optimus G

More smartphone and cellular news

Nokia 105 for under R200

Galaxy S4 smartphone stomps on Apple’s turf

More cellular rate cuts expected

Bye bye BIS

HTC One unveiled

10 best smartphone apps

Tags: Apple, Galaxy S3, iphone, LG, LG Electronics, LG Optimus G, Optimus G, Samsung, smartphone

Anonymous News Tip
Free Email Newsletter:
Subscribe
X

Anonymous News Tip






Captcha image
Not readable? Change text.

sending

Shutterstock is the image partner of MyBroadband – technology images can be found here

Join the conversation

Connect with MyBB

twitterfacebookandroidappleblackberrynewsletterfeed

Poll

Are you using public WiFi hotspots to connect to the Internet in places like airports, restaurants or shopping malls?

View Results

Loading ... Loading ...

More News

MTN’s 79c per minute changes the game

MTN 79c

It’s notable that MTN’s gone from being attacked to the one doing the attacking

Single line of code that broke online security

OpenSSL

OpenSSL’s security loophole, dubbed Heartbleed, has revealed a fundamental truth about the internet: we should not take goodwill for granted

Sponsorship causes MTN tender investigation — report

MTN logo

MTN has considered a potential conflict of interest in extending a contract awarded to the company that manages its call centres, the Sunday Times reported

Black manufacturers will benefit from digital TV policy — DoC

Non-compliant DVB-T2 set-top box in South Africa

Spokesman for the department of communications, Siya Qoza, hits back at those critical of encrypted set-top boxes and his department

bool(true)