LG G3 Helps Handset Maker Snag Its Largest Smartphone Share In North America To Date
When the topic turns to smartphones and market share, it's usually the same two names that are thrown around -- Samsung and Apple. Fair enough, since the two companies dominate the market, but let's not forget that there are other handset makers continuing to chip away pieces of the market for themselves. Such as LG Electronics.
Citing a Strategy Analystics report, CNET points out that LG grew its share of the smartphone market in North America to 16.3 percent in the third quarter of 2014. Compare that to a year ago when LG was sitting with just 7.4 percent -- the company more than doubled up, and in doing so, it now has its highest share ever in North America.
Much of the credit goes to the company's G3 device. It's a well constructed 5.5-inch phablet with a Quad HD IPS display (2560x1440, 538 ppi) powered by a Qualcomm Snapdragon 801 quad-core processor up to 2.5GHz and 3GB of DDR3 RAM. It also features 32GB of internal storage, a microSD card slot, 2.1MP camera on the front, 13MP camera with optical image stabilization and laser auto focus on the back, 802.11ac Wi-Fi, Bluetooth 4.0 LE, NFC, and a few other goodies. You can read our review of the device here.
LG managed to sell 16.8 million smartphones in the third quarter, topping the record of 14.5 million it set during the previous quarter. That earned the company 461.3 billion won (around $420 million in U.S. currency) in operating profit, which itself was 111.8 percent higher than a year prior.
Welcome to the fight, LG.
Citing a Strategy Analystics report, CNET points out that LG grew its share of the smartphone market in North America to 16.3 percent in the third quarter of 2014. Compare that to a year ago when LG was sitting with just 7.4 percent -- the company more than doubled up, and in doing so, it now has its highest share ever in North America.
Much of the credit goes to the company's G3 device. It's a well constructed 5.5-inch phablet with a Quad HD IPS display (2560x1440, 538 ppi) powered by a Qualcomm Snapdragon 801 quad-core processor up to 2.5GHz and 3GB of DDR3 RAM. It also features 32GB of internal storage, a microSD card slot, 2.1MP camera on the front, 13MP camera with optical image stabilization and laser auto focus on the back, 802.11ac Wi-Fi, Bluetooth 4.0 LE, NFC, and a few other goodies. You can read our review of the device here.
LG managed to sell 16.8 million smartphones in the third quarter, topping the record of 14.5 million it set during the previous quarter. That earned the company 461.3 billion won (around $420 million in U.S. currency) in operating profit, which itself was 111.8 percent higher than a year prior.
Welcome to the fight, LG.
