At a recent press tour of LG Electronics’ facilities in Seoul, Korea, a display of the company’s latest mobile phones called to mind this old retail caveat, but this time only jaws seem to drop as the innovatively designed LG phones can make people easily sold.
“We’ve moved over 20 million units of the earlier LG Chocolate
model,” said an LG female executive tasked to show a group of Philippine media what recent past, current and upcoming products LG got. “And over 10 million of the new Black Label Series (to date),” she continued.
Based on a Gartner Research report for the fourth quarter of 2009, LG has stepped up to No. 3 in the industry hierarchy with total unit sales of a little over 122 million to corner 10.1 percent of the worldwide mobile market. No question Nokia is still the leader with nearly 441 million unit sales that translates to 36.4 percent market share, followed by Samsung with sales of close to 236 million for a 19.5 percent slice of the market.
News Source: http://www.philstar.com