LG Sells 10 Million LTE Smartphones As Demand Skyrockets
Last year, LG launched popular LTE smartphones in significant markets such as the United States, Japan, Germany and South Korea. In recent weeks, the company began a global rollout of its LG Optimus G in an additional 50 countries. According to Strategic Analytics, global shipments of LTE smartphones are expected to drastically increase to 275 million units this year. LG is aiming to double its LTE smartphone penetration this year, expanding its presence in both established and emerging markets with a variety of devices. Of course, LG won't be the only company making such a push, but seeming as how LTE blows the doors off of conventional 3G, we suspect the demand won't be tapering off anytime soon.