LG edges past Motorola and Sony Ericssson to become third largest handset manufacturer

2008 turned out to be a milestone year for LG as it managed to leapfrog past both Motorola and Sony Ericsson by outselling them for the first time in their history. With 100 million phones sold, LG’s 2008 sales are no small feat considering the turbulent economic times. However, it must be said that LG only just surpassed Motorola by 100,000 devices. Motorola, which has quite a lot of new devices headed for Verizon in 2009, is going to have to push very hard for sales in 2009 to regain the number three slot but that might be difficult considering that an LG executive had previously said that his company aims to release over 100 devices in 2009. Yikes. Oh, and in case you were wondering how many units the industry sales leaders in Nokia and Samsung sold, the answer is 470 and 200 million respectively. Add in Sony Ericsson’s 96.6 million and that’s nearly 1 billion phones from the top five in 2008.

Read

blog comments powered by Disqus