LG’s G-series devices have been quite a success for the company, which expects its sales numbers to boom by the end of this year.
Two Korean brokerage firms, Kiwoom Securities and Korea Investment, forecast roughly 60 million smartphones in sales this year, while Daewoo Securities expects LG to sell over 62 million smartphones.
Between the years 2011 and 2012, the company only shipped between 20 and 26 million units, while last year, it shipped 47.6 million devices.
Since last year, LG has become more of a staple in the market, so 60 million units may not be too much of a stretch. This all bodes well for stockholders, and hopefully for the consumers as well.
Source: Korea Times
Come comment on this article: LG forecasted to hit 60 million smartphones in worldwide sales for this year
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