In the latest reports out by THE KOREA TIMES, the South Korean multinational consumer electronics manufacturing giant, LG has managed to sell a total number of 60 Million smartphones, this year, 2014, out of which 10 Million sold were said to be their front runner first-rate handset, the LG G3. LG's new G3, being the company's 2014 flagship handset, announced back in May, launched worldwide officially in July, is said to be the first ever handset from the Life's Good phone maker to reach the 10 Million mark, till date in their mobile business industry, while other countryside manufacturers like Samsung do see these kind of numbers every now and then. But this new milestone is definitely a good sign for a lead South Korean electronics brand like LG, who has made a very strong comeback to the emerging smartphone markets to fight it's big competitors like Samsung and Apple and HTC. The phone has helped LG to ship a record number of 14.5 Million smartphones in the year's second quarter, as acclaimed by other sources.
"We have no doubt that this year will be very impressive on the back of the stronger performance of LG affiliates. LG has emerged as a new game-changer in a number of fields. LG Electronics's latest flagship, the G3 smartphone, will exceed the 10 million sales mark for the first time since we entered the smartphone industry," the company mentioned in a recent statement.
We also read, another major reason behind the improving success of LG is that, the company is safe from all the "possible management feud within the family ownership", which is a common problem for most of the Korean conglomerates, as written.
Source: THE KOREA TIMES
