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Corporate Backgrounder |
About LG Electronics MobileComm U.S.A., Inc. LG Electronics MobileComm U.S.A., Inc. (LG Mobile Phones), one of the fastest growing mobile phone brands in North America, boasts expertise in designing stylish handsets with innovative features consumers want and expect. This strategy has proven to be wildly successful in the U.S. market. Popular LG handsets, including the Versa and Lotus, are fueling the company’s robust growth. In 2008, LG maintained its market position as the #1 CDMA mobile phone manufacturer in the United States. LG CDMA shipments increased 18.3 percent in 2008, representing more than 27.8 million units and garnering 32.3 percent of total CDMA sales in the U.S.* In addition to its leadership within the CDMA market, LG Mobile Phones increased shipment numbers in the GSM category in 2008, doubling both handsets shipped and market share within the U.S.* Shipment numbers include handsets such as the Vu and Incite, and other LG HSDPA models. Headquartered in San Diego, Calif., the mobile handset division of LG Electronics is the North American wireless division of LGE USA, a business unit of LG Electronics of Seoul, Korea. With 2008 global sales of USD44.7 billion, LG Electronics employs more than 84,000 people working in 115 operations including 84 subsidiaries around the world and is comprised of five business units –- Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG Mobile Phones is a leading global mobile communication and information company, and was the first manufacturer to commercialize the CDMA digital mobile communication system with its support of the launch of the SK Telecom Network in Korea. LG creates handsets that provide an optimized mobile experience to customers around the world with its cutting-edge technology and innovative handset design capabilities. Increasingly, LG is pursuing convergence technology and mobile computing products. LG will continue to take leadership in the mobile communication environment with stylish designs and smart technology. For more information please visit www.lgusa.com.
* Market share data provided by IDC's Worldwide Mobile Phone Tracker, Q4 2008
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