LG sells 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, 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 million 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." Finally, there's a note about LG having the "largest overall" total number of patents, claimed to be worth $8 billion, which is possibly intended to ward off the kind of patent trouble currently chasing Samsung.Continue reading LG sells five million LTE smartphones, plans 'second to none' lineup soon and girds for patent battlesFiled under: CellphonesLG 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   |  LG  | Email this | Comments

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