
US
: According to a recently released mobile phone market share study
from leading information technology market research and advisory firm
IDC, LG Electronics MobileComm, Inc. (LG Mobile Phones), secured the
number two spot for all mobile phone technologies in U.S. for 2005,
selling just over 25 million handsets during the year, increasing
its market share to nearly 17 percent.
Fueled by its robust growth
with leading handsets such as the V by LG and the VX8100, LG once
again has won the largest share of the U.S. CDMA mobile handset market
in 2005, selling nearly 19 million units to garner 27.3 percent of
total CDMA sales in the U.S. LG's nearest competitor emerged with
only 17 percent of the market, solidifying LG's position of the CDMA
market throughout 2005. Globally, LG finished the full year with a
20.9 percent CDMA market share, holding the lead as the number one
vendor.
In addition to its strong
leadership in the CDMA market, LG has continued its impressive growth
in the GSM category, retaining its number four position in terms of
market share with over 2.2 million GSM handsets shipped in the U.S.
for the fourth quarter of 2005. LG's GSM global market share has steadily
increased since 2001, and the company's strong growth in the GSM market
has LG poised to continue its major expansion into the U.S. GSM space
into 2006.
"LG Mobile Phones
is pleased to learn that once again, our CDMA handsets have outsold
all other brands in the U.S.," said Juno Cho, president, LG Electronics
MobileComm U.S.A. Inc. "Our dominance of the U.S. CDMA market
throughout the years is very gratifying, as is our continued growth
in the U.S. GSM market. We continue to focus on innovation, listening
to our customers and working with them to create high quality mobile
devices that appeal to a wide range of consumers."
Highly successful LG CDMA
models launched to-date in 2005 include the flagship EV-DO-capable
VX8100 with MP3 capability, the MM535 1.3 megapixel camera phone,
the PM-225 device and The V by LG. The V is the ultimate entertainment
device that is EV-DO-capable with a 1.3 megapixel integrated camera
and camcorder, full QWERTY keyboard, and MP3 player. Extremely popular
GSM handsets launched this year include the EDGE-capable A7110 handset
and the stylish and functional L1400i and C1300i models.