LG Electronics looking to sell at least 12 million LG G4 smarphones

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Yesterday, LG Electronics announced its greatest smartphone yet, the LG G4, which goes on sale today in key markets, including the US, starting at $770.

The LG G4 feature a 5.5-inch 2K display (Quantum HD technology), it is powered by Qualcomm Snapdragon 808 hexa-core processor, with 3GB of RAM, 32GB of ROM (internal storage), 16MP main camera, Lollipop OS and ceramic/plastic, leather housing.

LG expects to ship 12 million G4 smartphones globally, figure which translates inĀ 20% more units than LG G3 last year.

According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 375.2 million units during the fourth quarter of 2014 (4Q14), resulting in 28.2% growth when compared to the 292.7 million units shipped in 4Q13 and 11.9% sequential growth above the 335.3 million units shipped in 3Q14. For the full year, the worldwide smartphone market saw a total of 1,301.1 million units shipped, up 27.6% from the 1,019.4 million units shipped in 2013.

For further IDC charts regarding the smartphone market, please follow this link.

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