Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Technology News

 

LG Electronics expected to ship 50 million smartphones in 2013

LG may not be as popular as Samsung or Apple, but its future is looking good, thanks to the company's latest high-quality products that are selling well.

May 1 2013, 3:27am CDT | by

1 Updates
LG Electronics expected to ship 50 million smartphones in 2013
 
 

YouTube Videos Comments

Full Story

LG Electronics expected to ship 50 million smartphones in 2013

The last three years has not been easy for LG. It was only at the end of last year that it turned its first operating profit for this decade. Yet, its recent success has caught the attention of several investment firms. Last year LG Electronics sold 26.3 million smatphone handsets, making it third place in the smartphone market.

This 2013, LG aims to sell 40 million units - equal to a 52% increase of last year’s performance. Ambitious as the goal may be, for investment and security firms like Korea Investment & Securities, Hyundai Securities, and KB Investment & Securities, the target isn’t good enough. The firms stated forecasts of 53.29 million and between 50.3 and 52.3 million respectively.

However, LG’s record-breaking first quarter performance and rising demand for LG’s flagship Optimus G line up are drawing attention. Demand is also rising for the company’s mid and low-end smartphones.

These together with the crucial deal with Google concerning Nexus 4 could spell out another successful year for LG Electronics, and might even make the company a worthy competition for giants Samsung and Apple.

Source: Yonhap News  

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/21" rel="author">Gene Ryan Briones</a>
Gene Ryan Briones (Google+) is a technology journalist with a wide experience in writing about the latest trends in the technology industry, ranging from mobile technology, gadgets and robots, as well as computer hardware and software.

 

 

Comments

blog comments powered by Disqus

Latest stories

Naya Rivera weds Ryan Dorsey
Naya Rivera weds Ryan Dorsey
Naya Rivera married her new boyfriend and friend of 4-years Ryan Dorsey just three months after her split from fiance Big Sean. The couple got married on July 19 in Mexico.
 
 
Weird Al sits down with Larry King
Weird Al sits down with Larry King
Weird Al Yankovic is back big time. His new album is under the top 10 in iTunes.
 
 
Tim Cook is hopeful regarding iPad Sales
Tim Cook is hopeful regarding iPad Sales
Tim Cook recently spoke in an interview about how he was hopeful regarding the popularity of the iPad.
 
 
You Are Being Tracked Online By A Sneaky New Technology: Canvas Fingerprinting
You Are Being Tracked Online By A Sneaky New Technology: Canvas Fingerprinting
You are likely being tracked online by a sneaky, new technology that works without your consent, and can track you even if you use anti-tracking toolbars or strict privacy settings. How is this possible? Historically,...
 
 
 

About the Geek Mind


Read more about The Geek Mind.