14 DAY TRIAL // LG is one of the few handset makers to report positive financial results this year, but the South Korean company has bigger plans for the rest of the year.
At least that’s what LG Electronics chairman Koo Bon-moo recently said, dissatisfied that the company did not use all its potential for the latest products announced a few days before Mobile World Congress 2012 trade fair’s opening, back in February.
It’s common knowledge that LG supplies many other handset makers with various parts. For example, the company is known for supplying Apple via its subsidiaries, LG Display and LG Chem.
This is the main reason that LG decided to fully take advantage of its subsidiaries potential and will be launching a new quad-core smartphone with parts from LG Display, LG Chem and LG Innotek, the folks from The Chosunilbo claim.
The unannounced device is expected to boast a 10-megapixel rear photo snapper and a quad-core processor, though there are no other details on the phone’s specs yet.
Rumor has it that LG will announce the new device, said to be a follow-up of the Optimus 4X LTE, sometime in September, but there is no information on the phone’s exact availability.
LG announced a few months ago that it had shipped more than 3 million LTE smartphones worldwide, which is one of the main reasons for the company’s positive balance.
Still, the South Korean company only sold its LTE device in 10 countries, but LG plans to further expand its market to an additional 10 countries in the following months.
There’s a high chance that the upcoming quad-core smartphone launched by LG in September will be released in more than 10 countries. The company has yet to make the unannounced device official, so stay tuned for more updates on the subject.