LG launches Optimus LTE II to revive fortunes
After the massive loss of around $811 million since 2010 LG Electronics has come up with an idea to regain its lost position on the market. The idea involves the release of the Optimus LTE II equipped with a longer battery life and a faster chip.
The Optimus LTE II will be launched in the Korean markets later this week followed by the overseas releases later on. The Smartphone has been tagged for an $804 (without subsidies).
Fulfilling the quicker and faster download demands of the South Korea and Japan, the South Korean handset company has launched a faster mobile network called LTE which is expected to boost the company’s Smartphone sales.
Along with a 2 GB memory capacity and a 40% longer battery life, the Optimus II will run even more smoothly and run multiple applications at ease. The Optimus II is powered by the Snapdragon processor from Qualcomm and this gives the Smartphone an even faster wireless network.
LG plans to bring about a 75% increase in the sales this year, making its mark at 35 million units. Park mentioned in a statement that the company is aiming to make up 44% of its total mobile sales in 2012 from Smartphones itself.
The shortage of mobile chips from Qualcomm Inc. is the only problem that the Optimus II manufacturers are facing at the moment. And to this, Park added, “It is one of the issues that are giving headaches. All industry is experiencing the shortages”.