By Allen Tsai | Thu Dec 15, 2005 9:11 am |
According to recently released mobile phone market share data from IDC's Worldwide Quarterly Mobile Phone Tracker, LG Electronics has taken the number two spot across all mobile phone manufacturers in terms of shipment volumes in the U.S. for Q3 2005. After selling 7.8 million handsets nationwide, LG's overall market share rose to 19.6%.
In addition to rising to the number two position in mobile phone shipments in the U.S., LG gained the number one ranking in terms of sales of CDMA phones globally for the third quarter of 2005. LG's overall global market share for CDMA phones jumped 5.1% for a total of 24.3%. In addition, sales of CDMA phones in the U.S. for Q3 of 2005 sustained its number one ranking. Since Q4 of 2003, LG has shipped more CDMA handsets in the U.S. than any other manufacturer, according to IDC.Building on its well-known leadership in the CDMA market, LG has continued its impressive growth in the GSM category. Just over two years after the launch of its first GSM handset in the U.S., LG again secured the number four spot in the U.S. GSM market in Q3 of 2005. Building on the strong position the company occupied in Q2 2005, LG's U.S. GSM market share increased to 10.3% in the third quarter of 2005, a prominent increase of 4.2% compared to Q2. "We are proud that LG secured the number two spot for U.S. mobile phone shipments," said Juno Cho, president, LG Electronics MobileComm U.S.A. Inc. "LG's CDMA sales have maintained strong momentum in the third quarter of 2005 and our steady expansion into the GSM market is being met with encouraging results. A testament to this tremendous growth is our relentless dedication as a company to offer consumers the most innovative and technologically advanced wireless communication devices that enhance their lifestyle." Highly successful LG CDMA models launched to-date in 2005 include the flagship EV-DO-capable VX8100 with MP3 capability, the MM-535 1.3 megapixel camera phone, the PM-225 device and The V (VX9800). The V is the ultimate entertainment device that is EV-DO-capable with a 1.3 megapixel integrated camera and camcorder, full QWERTY keyboard, and MP3 player. Extremely popular GSM handsets launched this year include the EDGE-capable A7110 and CE500 handsets and the stylish and functional L1400i and C1300i models.
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Wed Feb 01, 2012 1:54 pm | By
LG Electronics' handset sales improved, gaining traction in the smartphone market despite the company's overall loss, as the company's strategic turn towards upscale smartphones faces stiff competition.
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Mon Jan 23, 2012 10:27 am | By
Connected refrigerators, ovens, and washer-dryers offer another direction for the burgeoning app market to expand, as well as a new field for tech rivals to compete in.
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Thu Jan 12, 2012 4:03 pm | By
LG signed a patent agreement with Microsoft, joining tech companies that agreed to pay licensing fees for Android-powered devices.
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Mon Jan 09, 2012 3:53 pm | By
LG unveiled several smart home appliances at CES, including a refrigerator that helps people keep track of their diets, showcasing the company's plans to appeal to an increasingly connecting customer base.
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Mon Jan 09, 2012 3:13 pm | By
Verizon will release the LG Spectrum, a 4G-capable handset, on January 16 for $200 with two-year contract, as it moves into the high-end of the smartphone market.
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