LG notches 10 million sales of LTE smartphones, aims to double the figure in 2013

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LG notches 10 million sales of LTE smartphones, aims to double the figure in 2013
Pulpit rock
LG is a fan of making announcements over the weekend — exactly why, we’re not sure — and the company has chosen today (a Sunday) to reveal that its range of LTE devices have now passed 10 million sales worldwide. Looking forward, it is aiming to double that figure by the end of 2013. The Korean firm announced 5 million LTE smartphone sales in August 2012, around six months ago. That gives it a rough run rate of over 830,000 sales per month on average, although of course that doesn’t account for peak sales periods — the company sold 1 million of its 4G devices during last July alone. LG says this latest milestone is proof of its “early entry into the LTE market and its leadership in LTE research and development”, but the fact remains that — regardless of any 4G leadership — it is battling with Sony, Nokia, BlackBerry, HTC and others for the also-ran third spot behind Apple and Samsung,. LG isn’t troubling the top two smartphone markers, or many others, on market share. It failed to feature in IDC’s top 5 for smartphones sales Q4 2012 and Gartner ranked it fifth on sales of all handsets. Undaunted, the company hopes its 2013 line-up will sell 45 million units this year. That range is a mixture of phones. Last week at Mobile World Congress in Barcelona, LG lifted the lid on three new mid-range devices from its new Optimus L Series II range of smartphones — the 3.2-inch L3II, 4.0-inch L5II and 4.

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