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The Korea Herald
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THE INVESTOR
March 29, 2024

LG

LG posts strong smartphone sales in N. America

  • PUBLISHED :February 13, 2017 - 10:40
  • UPDATED :February 13, 2017 - 10:40
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[THE INVESTOR] LG Electronics maintained its third rank in the North American smartphone market in the fourth quarter last year, primarily due to strong sales of its flagship model V20, data showed on Feb. 13.

According to the data compiled by industry tracker Strategy Analytics, the South Korean tech company sold about 74 million smartphones during the October-December period, compared to 66 million units during the same quarter a year earlier. The figure translates into a market share of 14.2 percent.

Market watchers forecast LG shipped nearly 60 million units of the V20 in North America during the October-December period. The premium smartphone boasts high-end audio resolution, as the company collaborated with Denmark’s luxury brand for stereo devices Bang & Olufsen.
The smartphone also integrates a 32-bit Hi-Fi Quad DAC (digital to analog converter) technology into the device for the first time. It also features wide-angle lenses on the front and back of the handset.

(theinvestor@heraldcorp.com)

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