Tag: lg electronics

LG mobile accessories boom with over 10 million headsets sold

The South Korean electronics company has revealed that its Bluetooth gadgets are becoming massively popular.

LG Electronics has now revealed some of the latest data with regards to its mobile accessories, in that it has stated that it has now managed to sell over 10 million of its Bluetooth headsets around the globe.

The electronics giant recently made the announcement about this series of mobile gadgets.

The LG “Tone” series of headsets are a type of mobile accessories that will connect wirelessly to smartphones. This allows the users to be able to use their mobile devices to listen to music, but the headsets are also equipped to allow the user to make or take a call, as well. This is a handy feature as it does not cause one use of the device to override another in an inconvenient way.

Among the unique features of these mobile accessories is the retractable neckband design of the headset.

The design of this mobile gadget extends behind the user’s head and into the ears when it is being used. However, when it is not in use, they retract in order to make them much more compact and easy to carry. This also help to prevent damage.

According to the firm, the sales of the mobile headset broke the 1 million mark about three years after the launch of the series back in 2010. That said, since that time, it has come a long way, as it took only two and a half more years to skyrocket to over 10 million sales. This represents a considerable increase in the number of purchases that are being made of this device.

LG has worked hard to improve the appeal of their smartphone headset. For instance, in order to be able to considerably enhance the sound quality of the accessory, it partnered with Harman/Kardon and JBL, the highly respected audio equipment makers. Their expertise, fused with the design produced by LG made it possible to vastly enhance the quality of sound that the headset could provide to its wearer.

These mobile accessories have specifically proven to be highly popular in the United States, where about 40 percent of the purchases are made, according to NPD Group market researchers.

Indian mobile phone market share belonging to LG set to rise

The South Korean electronics company is expecting to double its share in the country in 2015.

LG Electronics has announced that it now expects that its mobile phone market share will double in size by the end of the year when it comes to the penetration that it has achieved within India.

This will allow the company’s share of the smartphone market to reach 10 percent by the close of the year.

According to Deepak Jasrotia, the head of LG Electronics’ India business, “Our target is to double the market share in the mobile phone segment to 10 percent from the current four to five percent.” This, following the launch of the LG G4 high end smartphone in Mumbai, last week. At that time, it also said that it has every expectation that it will be able to meet those projected targets, particularly upon examining the rapid rise of smartphone adoption within India, at the moment.

India is the only mobile phone market where smartphone shipments are expected to increase over the next few years.

Mobile Phone Market - India & LG ElectronicsThis, according to the Worldwide Quarterly mobile Phone Tracker results from the International Data Corporation (IDC). Clearly, India is an extremely important marketplace for this type of mobile technology, at the moment, as the rest of the world is expecting its smartphone shipments to level off or even reduce in their growth figures.

At the moment, it is estimated that the smartphone shipments in India will be rising to 13.29 percent by 2019. This, in comparison with the 2015 figures, which is forecasted to be 7.61 percent.

On LG’s side of things, the company believes that it will be selling more than 100,000 units of its LG G4 in India alone, this year, said Jasrotia. The launch price of that particular device is Rs. 51,000 (approx US $800). That said, the electronics manufacturer offers devices that start at a much lower rate of Rs 10,000 (about US $155), which will be an important factor in growing its mobile phone market share. Of all of the devices that LG sells in India, Jasrotia pointed out that mobile is currently making up about 10 percent of its total revenues, there.