It’s not every day that you find a company saying good things about one of its main competitors, and Samsung has something good to say about LG. Both the companies hail from South Korea, and now Samsung thinks that LG will become the 3rd largest Android manufacturer.
It should be noted that Samsung Group is actually a South Korean multinational conglomerate company that is headquartered in Samsung Town, Seoul. It encompasses numerous subsidiaries and affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol. The information comes from Samsung Securities, which is a brokerage and investment arm of the South Korean conglomerate, Samsung, so it’s not Samsung Mobile who is claiming this. According to analysts at Samsung Securities, LG will be grasping 5.8% of the market share by next quarter, thus making it the 3rd largest Android manufacturer.
As per Samsung Securities, LG will turn around its mobile business in the first quarter of 2013. It sees great potential in the flagship Optimus G. The Optimus G comes with a 4.7 inch True HD IPS+ one with 1280 x 768 pixels, features a quad-core Qualcomm Snapdragon S4 Pro CPU, and LTE connectivity, which also makes this device the first in the world to have both. Sales of Optimus G have already exceeded the expectation and the device is doing amazingly well in South Korea, and it is expected to attract the same attention when launched internationally in the month of November. Also, some devices such as V2 and GK which we haven’t heard of yet are expected to be sold in large numbers.
Optimus G can be titled as monster smartphone without any doubt, but we are a little bit skeptical about V2 and GK devices which the analysts are talking about. These two devices are termed as ‘successors’. Also, it was recently confirmed that LG is indeed working on a Nexus device which is derived from Optimus G. According to sources, the device will be coming with following specs:
quad-core Snapdragon S4 chip
• 2GB of RAM
• 768 x 1280 True-HD IPS display
• on-screen keys
• 8-megapixel camera
• 8GB and 16GB versions
• internal storage will NOT be expandable via microSD
• non-removable battery
• wireless charging
The specs look very interesting on paper. Being a nexus device, it will have many advantages. We all know the overwhelming response which Nexus 7 was able to attract, and we hope the case to be same with LG’s upcoming nexus device too.
Speaking of Optimus G, it is a flagship phone, and very powerful one, but the device will cost more than $600 (SIM free) when launched, and manufacturers normally don’t look for volumes from that category. Mid- and low-range devices bring volumes, and that’s where a company should concentrate if it wants to rapidly gain some market share. Samsung has identified this strategy very well and has several good devices in mid and low range categories.
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