LG captures a record 20% of the US smartphone market

The report contributes this success to the steady sales of LG's lower-price model, K and X series.

@LanaJelic
Published Mon, May 8 2017 5:32 PM CDT   |   Updated Tue, Nov 3 2020 11:55 AM CST

While Samsung and Apple still rule the smartphone market, LG has shown significant growth globally, and they captured a record 20% of the US smartphone market in Q1 2017.

LG captures a record 20% of the US smartphone market | TweakTown.com

According to Strategy Analytics, the company has sold 7.3 million smartphones in the first quarter of 2017 (up 3-points year over year).

The report contributes this success to the steady sales of LG's lower-price model, K and X series. The company's latest flagship, the LG G6, wasn't included in this report since it only hit the US market in April.

LG's growth has widened the gap between ZTE, which is in fourth place.

Apple retained the top spot with 34.5% market share, while Samsung came second with 24.6%. According to the report, Samsung was affected by the Galaxy Note7 recall which made them fall 3-points on-year.

"The V20 model in the US market enjoyed an unsolicited gain from the Galaxy Note 7 recall as American consumers became more sensitive about the safety of their handsets," said a spokesperson at LG Electronics.

NEWS SOURCE:koreaherald.com

Lana has a passion for technology and science. She spends her time looking for the latest and most interesting technology and science news. Her passion is in gadgets, wearables, and other cool and interesting applications of technology or science. She also spends her free time gaming in MMOs like World of Warcraft. She has prior experience covering technology for publications and breaking news. If she’s not doing either, you might just find her exploring the metaverse in VR. Lana wants to expand TweakTown’s coverage of mobile, wearables and gadgets while also bringing her experience with science and general tech to TweakTown. Her area of coverage is around science, technology, smartphones, wearables, and general neat gadgets. She hopes to one day be able to drive around in her self-driving car while she schedules an appointment for a SpaceX trip to the moon on her smartwatch.

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