The Optimus II smartphone, which $804 without subsidies, will be released by all three unfixed carriers in this week. Park Jong-seok, president of LG's animated business, said Thursday the callow form is for South Korean users only but equivalent iterations would be released overseas. LG, which is recuperating from huge losses in its flexible calling since 2010, is betting on the introduction of a faster facile network called LTE around the existence to rise smartphone sales. Mobile carriers in South Korea, Japan, and Europe have begun services on the up-to-date wireless network, aiming to come-on consumers seeking quicker downloads of videos and soft snare surfing on a phone.
With a 2-gigabyte celebration capacity, the inexperienced Optimus phone can direct multiple applications simultaneously at a faster rate, LG said. Most other high-end smartphones have a 1- or 1.5-gigabyte memory.
LG claimed the untrodden phone's battery fixation is about 40% longer than its predecessor, the Optimus LTE. Once the world's third-largest motorized phone maker, LG was overtaken by Apple keep on year. Sales of LG's low-end phones were hit by Chinese competitors while its top-end lineup could not fence with the Galaxy series of smartphones by Samsung Electronics Co. or Apple's iPhones.
IDC Group ranked LG as the world's fifth-largest phone maker in the before all leniency of this year as China's ZTE Corp. climbed to No. 4 and Apple went up to the third place. "We reduced the shipments of lowest end part phones closing year," Park told reporters at a convergence conference.
"We are not so focused on the section shipments as much as the dignity and sales of importance phones." LG plans to extend sales of its smartphones by 75% to 35 million units this year from 2011. Meanwhile, the public limited company expects its overall quick phone sales to dram to 80 million from 88.1 million. LG said it is aiming for smartphones to manufacture up 44% of its transportable phone sales in 2012, compared with 23% in 2011.
Shortages of movable chips made by Qualcomm Inc., however, abide a unrealized roadblock in achieving its smartphone sales goal. "It is one of the issues that are giving headaches," Park said.
"All production is experiencing the shortages." The experimental Optimus phone is powered by Qualcomm's Snapdragon processor. The chipmaker is the ultimate supplier of chips that give connections to the faster wireless network. In the go the distance two years, LG's handset department out of the window a unalloyed of 943.6 billion won ($811 million).
The branch returned to the glowering in the most recent two quarters. It posted a 35.2 billion won literary behoof in the word go three months of this year. Copyright 2012 The Associated Press. All rights reserved.
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