LG says it plans on selling 45 million smartphones this year

LG logoLG has made plans to increase its sales ten-fold in the new year. According to The Korea Times, the company plans to sell 75 million handsets this year, 45 million of which will be smartphones. The news hits after numerous reports that the company has been behind on shipments of its Nexus 4 handset, which LG insists is not true.

LG also mentioned it plans on making this number by getting into the Windows Phone 8 game. "We will release quite a number of new Optimus devices this year, and LG also has some new smartphones in the works that will run Microsoft's Windows Phone 8," a senior executive from one of LG's partners told The Korea Times. The executive added this year "won't be as bullish for LG as last year" and that the Nexus 4 and Optimus G have helped the company make great strides in impressing major carriers. The devices also show consumers that LG is capable of producing high quality, fast performing mobile devices. The budget line of Optimus smartphones has also received plenty of attention. "We are confident to get our phone business on a rising track this year," said the executive.

Last year, LG shipped about 41 million handsets, though these numbers do not include fourth quarter results. The company has been struggling to make a profit since 2011, but its sales went up nine percent in the third quarter of 2012. Seventy percent of that revenue came from smartphone sales, which can be attributed to the major demand for LTE-capable handsets. Still, LG only holds about 3.3 percent of global market share, according to Gartner's numbers.

It's purported LG also pushed out about 15 million units between October and December, which would lend credence to the fact that its new smartphones have done wonders for the company image. LG will announce its official fourth quarter earnings on January 30 and you can check back for then for our official analysis.

Source: Ars Technica

Tags: LG, smartphones

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Google’s voice assistant platform has been known as Google Now
 
The SanDisk 1TB SD card prototype represents another significant achievement as growth of high-resolution content
 
Microsoft is developing a new “Skype for Life” client
 
Siri on the Mac is new, and is similar to that on the iOS
 
The latency in this test was supposedly no more than 2 milliseconds
 
Apple has made to the iPhone 7/7 Plus is by making the home button a solid state button
 
Android Nougat should eventually extend back to the Galaxy S6 generation
 
You’re not supposed to expose the iPhone to water anyway
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
HP Slate 7 is a 7-inch Android 4 Tablet PC with good sound
A cost-effective, 7-inch tablet PC from a renowned manufacturer
October 25, 2013 / 4
 
 

News Archive

 
 
SuMoTuWeThFrSa
    123
45678910
11121314151617
18192021222324
252627282930 




Poll

Do you like Windows 10?
or leave your own version in comments (32)