LG LOGO LG sold 1 million LTE smartphones in July

LG recently announced that it managed to sell 1 million LTE smartphones in the month of July, which adds on to the company’s already impressive 4 million devices sold in the past couple months.

LG recently announced that it managed to sell 1 million LTE smartphones in the month of July, which adds on to the company’s already impressive 4 million devices sold in the past couple months. 

According to the official LG report, the 1 million LTE smartphone sold in the month of July meant that the South Korea-based company had manage to land an LTE smartphone sale every 2.5 seconds.  The Optimus LTE smartphone accounts for about 2 million of the sales, and the Optimus Vu scraped up about half a million sales. 

While it didn’t obtain the most sales, the recent launch of the Optimus LTE II saw some success as 500,000 devices were sold in the first 70 days.

The impressive sales number is giving LG the impression that its LTE devices are gaining acceptance worldwide, with the major markets being Korea, U.S, Japan, and Europe.

Samsung, perhaps LG’s fiercest domestic competitor, currently holds the title of the largest smartphone maker.  LG, although reporting impressive sales, is currently not a huge threat to the other South Korea consumer electronics giant. 

Nevertheless, sales of LG’s LTE smartphones have been picking up in recent months, and this undoubtedly proves that LG has what it takes to maintain viability in the competitive smartphone industry. 

“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 Jong-seok Park, CEO of LG Mobile Communications Co.

Source: News Wire