April 26, 2024
LG
LG’s V20 sold 200,000 units in US
[THE INVESTOR] LG Electronics’ flagship smartphone V20 has reached cumulative sales of 200,000 units in the US market within 10 days of its launch, the company said Monday.
The Korean tech giant said the sales of around 20,000 units per day were nearly double those of the previous model V10.
The V20, which sports a 5.7-inch display and dual cameras, is the most-hyped smartphone of the year when it comes to audio features. The phone is equipped with three mics and four digital-to-analog converters, allowing less noise and better sound quality.
Following news on the strong sales in the US market, the stock price of the tech firm surged 3 percent on Monday morning and closed at 46,300 won, a 1.2 percent rise from the previous day.
LG Electronics came in third in the US smartphone market with a 15.7 percent share in the third quarter, according to market research firm Strategy Analytics. Apple topped the market with a 33.1 percent share, followed by Samsung Electronics with a 24.4 percent share.
Following the launch in the US, LG Electronics recently began selling the V20 in Hong Kong and Taiwan.
By Shin Ji-hye/The Korea Herald (shinjh@heraldcorp.com)
The Korean tech giant said the sales of around 20,000 units per day were nearly double those of the previous model V10.
The V20, which sports a 5.7-inch display and dual cameras, is the most-hyped smartphone of the year when it comes to audio features. The phone is equipped with three mics and four digital-to-analog converters, allowing less noise and better sound quality.
Following news on the strong sales in the US market, the stock price of the tech firm surged 3 percent on Monday morning and closed at 46,300 won, a 1.2 percent rise from the previous day.
LG Electronics came in third in the US smartphone market with a 15.7 percent share in the third quarter, according to market research firm Strategy Analytics. Apple topped the market with a 33.1 percent share, followed by Samsung Electronics with a 24.4 percent share.
Following the launch in the US, LG Electronics recently began selling the V20 in Hong Kong and Taiwan.
By Shin Ji-hye/The Korea Herald (shinjh@heraldcorp.com)
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