LG reportedly overtakes Apple as America’s No.2 handset manufacturer

LG Overtakes Apple

It looks like LG (066570) is starting to get its mojo back. Yonhap News reports that new data from Hong Kong-based Counterpoint Research shows that LG has climbed over Apple (AAPL) to become the second-largest handset vendor in the United States. Counterpoint’s numbers, which include sales of both feature phones and smartphones, show that LG had a 13% market share in the U.S. this past December, while Apple had a 12% share. Both companies still significantly trailed Samsung (005930), however, which dominated the American handset market with a 33% share in December. Counterpoint said that LG benefited from strong holiday sales of its Optimus G smartphone, which the company has set up as a competitor with Samsung’s hit Galaxy S III line.

Via:
9to5Mac
Source:
Yonhap News
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