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Tuesday March 27, 2007

LG Captures Number One Spot for U.S. in WCDMA

SAN DIEGO, March 26 - According to market share data from Strategy Analytics, Inc. Quarterly Mobile Phone Tracker, LG Electronics has retained the number two ranking for sales of mobile phones in the United States in 2006, shipping just over 24 million handsets for the year. 

In addition to sustaining a shipment market share in North America of more than 15 percent in all technologies, LG Mobile Phones captured the number one spot in the burgeoning WCDMA market with 1.1 million units shipped in 2006 and a market share of 50 percent. 

Strategy Analytics reports that LG Mobile Phones also continued its dominance in the global handset market, once again securing the number one spot for global CDMA sales for the year. Global CDMA sales for LG Mobile Phones were 38.5 million units vaulting LG Mobile Phones to over 22 percent market share worldwide. 

"LG Mobile Phones has taken industry standards of innovation, functionality and style to another level by continuing to produce innovative handsets that meet the demand of the current consumer marketplace; we are proud to have secured the number two spot for phone shipments in North America and look forward to improving those numbers in 2007," said Juno Cho, president of LG Electronics MobileComm U.S.A., Inc. 

"LG Mobile Phones' CDMA sales maintained strong momentum in 2006 and our firm expansion into the WCDMA market continues with encouraging results. Our tremendous growth over the last six years is a testament to our relentless dedication as a company to offer and empower consumers with the most innovative and technologically advanced wireless communication devices on the market." 

Highly successful LG Mobile Phone models launched in Q4 2006 include the dynamic multimedia device enV by LG, the elegantly smooth LG VX8600 and the convenient LG CU400.

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