Korean electronics makers LG has as small market share wrt number of smartphones sold , in the Indian smartphone market. But the company has seen an increase in smartphone sales across price categories. Upbeat by the sese numbers, LG today, on the launch event of G3 smartphone and G watch, said that it expects revenues from the segment in India to jump almost three-fold this year. Further adding that, it is on path to achieve 10 percent market share in India.
LG Electronics India Managing Director Soon Kwon told PTI,
“We are seeing very good traction and will exceed our target of Rs 2,000 crore in revenues from smartphones in India this year from Rs 800 crore in 2013. In the first half of the year, the business from the category has almost trebled. Ten percent market share is achievable, as it is very much on track and looking at the sales we are having, we are on track to achieve it in 2014.”
LG today launched in India its flagship smartphone ‘LG G3’. LG has roped in Bollywood superstar Amitabh Bachchan to promote ‘LG G3’ smartphone in the country. About 15,000 limited edition G3 smartphones with Bachchan’s signature will be released in the Indian market and few lucky buyers will get the opportunity to meet him.
LG G3 smartphone Specs :
The LG G3 smartphone will come in two variants : 16GB version will be priced at Rs 47,990, while the 32 GB version will be available for Rs 50,990.
The LG G3 has a laser auto focus camera, smart keyboard, smart notice and a slim metallic design.
- 5.5-inch quad HD display
- 13 megapixel OIS+ (Optical Image Stabilizer Plus) rear camera
- 2.1 MP front camera
- Runs on Android KitKat operating system
- Removable 3,000 mAh battery
- 2/3 GB RAM
- internal memory of 16 GB and 32 GB (two options), extendable further 128 GB via micro SD card slot.
- Connectivity Options include 4G
The company also unveiled at the event its G watch, priced at Rs 15,000.
Free Stuff: The offer also includes Rs 3,500 worth Quick Circle Case free and an one time screen replacement worth Rs 6,500.
The Kill Switch !
LG G3 comes with a ‘Kill Switch’ that can disable the handset in the event of a theft. This reminds me of a computer login application shown in Star World’s Criminal Minds. Every time the investigators type in a wrong password on the absconder’s PC, a certain percentage of hard disk is erased permanently.
The LG G3 has seen great response outside India. The Korean electronics maker hopes to sell half a million or 5 Lakh G3 devices by year-end.
LG G3 Review (as already launched outside India):