July 21, 2008

LG Ships 27.7 million Handsets for Q2 2008; Total Number of Touchscreen Phones Sold Reaches 7 Million

LG today announced their financial results for Q2 2008, the company shipped 27.7 million mobile phones. The year-over-year growth was 34.4% and the sales reached US $3.8 billion. With the increase in sales LG has now captured 9.1% market share and is now in a position to overtake Motorola as the world’s number three cell phone maker. The company said that devices like LG Secret, Viewty and Venus are the force behind their recent success. Read More

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