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LG to sell 140m phones in 2010
13 January 2010
LG is aiming to increase its sales of mobile phones in 2010 from last year’s figure of 117 million to 140 million
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LG
Comment: LG has recorded a steadily increasing share of the mobile phone market, as older suppliers — such as Motorola and Sony Ericsson — have declined.
South Korea’s LG Electronics is aiming to increase the sale of its mobile phones by 20% globally in 2010. The world’s third largest mobile phone maker is planning to sell 140 million mobile phones in 2010, compared with 117 million in 2009.
The company may unveil a line-up of 20 smartphones in 2010, based on various operating systems, including Google’s Android, Microsoft’s Windows Mobile and Linux. LG has no plans to develop its own mobile phone operating system.
The company is aiming to achieve a double-digit share of the global smartphone market by the 2012. Gartner, a research group, is expecting the smartphone market to grow to 525 million units in 2012 from 179 million in 2009.
Nokia and Samsung Electronics are the first and second largest sellers of mobile phones. GTB