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LG trades places with Huawei as world's number three smartphone maker

LG steals number three spot from Huawei, now has 4.9% of the smartphone market

| Internet & Websites News | Posted: May 6, 2013 4:40 pm

The number three spot for the world's largest smartphone manufacturer was up until Q4 2012 held by Chinese phone manufacturer Huawei.

 

TweakTown image news/3/0/30185_1_lg_trades_places_with_huawei_as_worlds_3_smartphone_maker.jpg

 

However, this morning, we are learning that a LG has overthrown Huawei and taken the number three spot.

 

In Q1 2012, LG shipped 10.3 million smartphones (4.9%), which trumped Huawei by over 300,000 units. Samsung currently holds the top spot (69.4%), with Apple falling in at about half the market share (33.1%) of the Korean Galaxy S4 giant.

 

The key to LG's growing success is that it sells many different phones in many different markets, unlike Huawei who is only available in limited markets at this time.

NEWS SOURCES
Mashable.com, Blogs.strategyanalytics.com

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