14 DAY TRIAL // It looks like South Korean handset maker LG is growing slowly but steadily. The company has just announced it has sold more than 10 million LTE-enabled smartphones worldwide.
This means LG managed to double the number of LTE phones sold by August 2012 in just six months. Unfortunately, there's no breakdown of the total amount of units sold so we cannot tell in which countries LG sold more of these LTE phones.
“Aggressive pushing forward with 4G LTE technology allows LG satisfy the needs of consumers and is a huge factor in our growing success in global LTE smartphone sales,” said Dr. Jong-seok Park, president and CEO of the LG Mobile Communications Company.
However, the company does say its steady growth was a direct result of its decision to expand LG's presence in additional LTE markets.
In this regard, LG mentions that it has launched some of its popular LTE smartphones in important markets, including the United States, Japan, Germany and South Korea.
Moreover, the company began the global rollout of the LG Optimus G in an additional 50 countries, in the last couple of weeks.
There's more to it as LG claims Strategic Analytics says global shipments of LTE smartphones are expected to increase to 275 million units this year.
Without saying whether this is legit number or not, LG confirms plans to double its LTE smartphone presence in 2013, launching more LTE handsets in both established and emerging markets.
In particular, the company refers to the new Optimus F series, which is expected to deliver a high-speed experience to users turning from 3G to 4G LTE.
“Having established ourselves as a major industry player, we will continue to expand our footprint in the global LTE market with a wider range of differentiated, high quality LTE smartphones,” concluded Park.