LG aims for 40-million smartphones sold in 2013

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

By - 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

Forum discussion

Shutterstock is the image partner of MyBroadband – more technology images

Join the conversation

Connect with Us

androidappletwitterfacebookgoogleplusfeednewsletter

Poll

Would you pay to see the Internet’s best videos first?

View Results

Loading ... Loading ...

More News

Eskom workers fired by SMS

Eskom switch

Workers at the Medupi power station in Lephalale, Limpopo are being threatened with disciplinary action through text messages, their trade union said on Friday

Great specials on tech and gadgets

Sale

If you are looking to save money on televisions, laptops, or tablets, you have come to the right place

New Axxess Mobile free data promotion

Axxess logo

Axxess Mobile has announced the end of its double data promotion, but will still give subscribers a chunk of free data

UberBlack price increase in Johannesburg

Uber

Uber has announced it will be upping the rates of its UberBlack service in Johannesburg effective immediately

X

Newsletter Subscription


Name
Email *
Enter the following to confirm your subscription *
Captcha image


Free MyBroadband Newsletter
Subscribe
X
bool(true)