LG sells more than 3 million LTE smartphones globally

June 19, 2012 | 08:00

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South Korean smartphone maker LG Electronics has announced a brand new smartphone milestone. Worldwide sales of its 4G LTE-enabled smartphones have hit more than 3 million.

LG has sold 3 million LTE smartphone globally.

LG launched its first LTE smartphone, Revolution by LG, in the USA in May 2011 and has since introduced its LTE portfolio of devices into Europe and Asia.

LG currently sells its 4G LTE smartphones in 10 countries around the globe and has plans to expand into 20 countries by the end of the year.

LTE (sometimes written as 4G or 4G LTE) connectivity is the next-generation standard for wireless communication. Devices with 4G LTE offer consumers faster cellular data internet speed than those equipped with 3G or Edge.

In March, market researcher Strategy Analytics predicted that global LTE phone shipments would increase tenfold -- from 6.8 million units in 2011 to 67 million units by the end of 2012. New handsets made by companies such as Apple, Samsung and HTC are expected to drive the growth spurt.

“The mobile industry is entering a breakout year for 4G LTE technology,” said Strategy Analytics. “Multiple operators and multiple phone vendors will be launching dozens of LTE models across numerous countries worldwide.”

AFP

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