LG LTE smartphone sales top 10 million

March 4, 2013
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LG recently announced that the Optimus L Series of smartphones had topped 15 million in sales. And as of today, LG has returned with another sales milestone. This one is not covering a specific series of phones, but LTE devices in general. In short, LG has announced they have crossed the 10 million mark in terms of LTE smartphone sales.

This sales milestone is based on a worldwide market and according to LG, comes as "a result of the company’s aggressive push into 4G markets with a combination of the best hardware and advanced 4G LTE technologies." Some of that market push included LTE smartphone launches in several larger markets to include the United States, Japan, Germany and South Korea.

Previous launches aside, LG is also currently underway with the global roll-out of the Optimus G, which will be hitting an additional 50 countries. Looking forward Dr. Jong-seok Park, President and CEO of the LG Mobile Communications Company has said that LG will continue to expand their footprint in the global LTE market "with a wider range of differentiated, high quality LTE smartphones.”

Otherwise, LG has cited Strategic Analytics who have said that global LTE smartphone shipments are expected to "drastically" increase to 275 million units this year. Based on that LG is hoping to be able to double their LTE smartphone penetration this year with expansion in established and emerging markets. Given the devices that we saw come as a result of Mobile World Congress, it looks like those plans are already underway.

[via LG Newsroom]


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