LG Plans To Sell 40M Smartphones This Year As It Prepares Optimus G Pro Launch

LG Electronics, which lost market share to Huawei and ZTE last year, aims to sell 40 million smartphones this year as part of its strategy to move away from basic handsets, said Park Jong Seok, the head of its mobile-communications division, before the Mobile World Congress in Barcelona. If the South Korean company hits its goal, this means LG's shipments will rise 52 percent this year. LG sold 26.3 million smartphones last year and 20.2 million in 2011.?LG will rollout the Optimus G Pro in over 50 new countries in the next few months as part of its effort to compete with the iPhone and Samsung's Galaxy line.

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