LG targets smartphone sales of five million

LG targets smartphone sales of  five million

LG is aiming to sell more than five million units of smartphones globally this year, according to an article in the Korea Herald.

An LG spokeman told the paper: 'We aim to sell more than five million units of smartphones this year,’ adding that the company has already sold around 1.2 million units of smartphones in the first half of 2010.

It has also been reported that the world’s number three handset maker aims to sell six million units of smartphones this year.

Around 70% of its smartphones sold will be based on the Android operating system, while the remaining 20% will be powered by Microsoft’s Windows Mobile, reports said.

CCS Insight analyst Ben Wood told Mobile: ‘LG is following in the footsteps of other manufacturers where more shipments are smartphones. Smartphones provide value share.’

Wood added that CCS expects to see LG smartphones operating Windows Phone 7 and Android in the second half of 2010.

In July, LG’s handset division posted a loss of 120 billion won (£64m) for the second quarter ended 30 June.

The loss came despite a sequential increase in handset shipments by 13% during the quarter to 30.6 million units.



Written by Mobile Today
Mobile Today

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