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LG OPTIMUS LTE RECORDS ONE MILLION IN SALES
 
 
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Innovative Smartphone Demonstrates LG’s Leadership in Nascent LTE Market

Jeddah, Feb. 15, 2012 -– LG Electronics (LG) announced today that sales of its Optimus LTE smartphone have exceeded over one million units, putting it at the forefront of the emerging LTE era. The world’s first HD LTE smartphone, the Optimus LTE is currently available in the US, Canada, Japan and South Korea.

First launched in Korea in October 2011, the Optimus LTE hit sales of 600,000 units there in the first three months, making it the most popular LTE-capable phone in a highly competitive market. On the first day of its launch in Japan, the Optimus LTE also recorded sales of 8,500 units. The phone is now available as a premium smartphone through three major mobile carriers in North America, the most advanced market in terms of LTE coverage.

“With brisk sales for a high-end smartphone, the Optimus LTE reaffirms LG’s Mr. John Lee, President of LG KSA.,” said Dr. Jong-seok Park, President and CEO of LG Mobile Communications Company. “The combination of LTE connectivity with LG’s True HD IPS display has resonated with the public regarding the potential of LTE technology.”

The Optimus LTE delivers the ultimate HD multimedia environment with a 4.5-inch 1280 x 720 (16:9 ratio) True HD IPS display and fast LTE connectivity. The True HD IPS display features an incredible 2.76 million sub-pixels as well as superior color accuracy, clarity, natural color and battery efficiency.

Ensuring peak performance, the Optimus LTE runs on a 1.5GHZ dual-core processor and includes a 1,830 mAh battery, 8MP camera, and multiple connectivity options including DLNA(Digital Living Network Alliance), to provide users a truly best-inclass smartphone experience.

According to a report by Jefferies & Company, LG is the global leader in LTE patents with ownership of 23 percent of approximately 1,400 LTE patents filed worldwide, with a financial value of almost USD 8 billion. LG demonstrated the world’s first LTE technology in 2007 and developed the world’s first LTE modem chipset in 2008. LG introduced the world’s fastest LTE technology in 2010 and conducted the world’s first video phone call on a LTE network in 2011.

Posted on: Feb 14 2012

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CategoryDescription
Electronics
 
http://www.lge.com
Country: Korea

LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 84,000 people working in 115 operations including 84 subsidiaries around the world. With 2008 global sales of $44.7 billion, LG comprises of five business units - Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions.

LG is one of the world's leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both A Global Partner of Formula 1™ and A Technology Partner of Formula 1™. As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event.

Head Quarter Office
Representative Phone Number :
82-2-3777-1114

Representative Mailing Address :
LG Electronics Inc.
LG Twin Towers
20, Yeouido-dong, Yeongdeungpo-gu,
Seoul, Korea 150-721
URL: www.lge.com

Media Contact
LG Electronics Inc.-MEA Regional Company
Zahabia Motiwala
Corporate Communications Manager
Corporate Marketing Team
Tel:+9714-350 9500
Fax: +9714-334 4304
Zahabia.motiwala@lge.com

Media Contact
LG Electronics Inc.-Levant-Beirut office
Samar Abdul Karim
Brand Marketing Country Manager
Tel:+961-1-487540
Fax: +961-1-487579
Email: samar.abdulkareem@lge.com

LG-One
Layale Abou Antoun
Account Executive
Tel +961-1-486065
Fax+ 961-1-486064
Email: Layale.AbouAntoun@lg-one.com

Media Contact
LG Electronics-MEA Regional Company
Michelle Sequera
Tel:+9714-350 9500
Michelle.sequera@lge.com

LG-One
Natasha Everley
Tel 971 4 3344930,
fax 971 4 3344923
Email: natasha.everley@lg-one.com

Dina Sabry or Ruba Al Shareef, LG-One
Tel +965 22 331770, fax +965 22 331771
Email: Dina.sabry @lg-one.com or Ruba.alshareef@lg-one.com





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