The Latest in IT Security

LG Electronics seeks fresh smartphone start in China with G3 launch

08
Aug
2014

By Se Young Lee SEOUL (Reuters) – LG Electronics Inc will on Monday begin selling its latest flagship smartphone in China, a market where it has struggled to make a dent and that has become increasingly tough for makers of high-end handsets other than Apple Inc. Eager to capitalize on strong early reception for its G3, the company on Friday said it will sell the device through online shopping site JD.com, Chinas second-biggest e-commerce company by market share, at 3,999 yuan ($650). While that is cheaper than its 899,800 won ($869) launch price at home in South Korea in late May, it is more than twice as expensive as feature-rich phones offered by local players led by Xiaomi Inc that have battered the likes of global No.1 Samsung Electronics Co Ltd in China. LG ranked fifth in global smartphone sales in the second quarter, according to IDC, but does not crack top 10 lists in China, the worlds biggest smartphone market.

Comments are closed.

Categories

FRIDAY, APRIL 26, 2024
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments