Wednesday, August 15, 2012

LG sells five million LTE smartphones, plans 'second to none' lineup soon and girds for patent battles

LG five million LTE smartphones, plans 'second to none' lineup soon and girds for patent battles

While LG's dollars and cents return on its cellphones have been up and down this year, but the company just announced that since starting the LTE trend with the Revolution in May 2011, it's sold five million high-speed data connected handsets and has no plans to slow down. The counter ticked over three milion back in May, four million in June and, according to LG, sales continued at a pace of one phone every two and a half seconds. That includes two million Optimus LTEs, over 500,000 Optimus Vus and about the same number of Optimus LTE IIs in the first 70 days alone. Now the Korean company is preparing to take its Optimus Vu phablet global, and CEO Dr. Jon-seok Park says its LTE phones in the next few months will be "second to none." with Finally, there's a note possibly intended to ward off the kind of patent trouble currently chasing Samsung, as it's added to an earlier note about the $8 billion value of its LTE patents with another claiming its "largest overall" total number of patents as verified by consulting firm TechIPM. We'll see how well that strategy, and those future phone introductions, work out in the coming months, the rest of the press release is after the break.

Continue reading LG sells five million LTE smartphones, plans 'second to none' lineup soon and girds for patent battles

Filed under:

LG sells five million LTE smartphones, plans 'second to none' lineup soon and girds for patent battles originally appeared on Engadget on Wed, 15 Aug 2012 02:12:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceLG  | Email this | Comments

Source: http://www.engadget.com/2012/08/15/lg-five-million-lte-sold-patents/

stoudemire jordan hill tony nominations dark knight trailer elizabeth warren delmon young dallas mavericks

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.