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One out of four 3G phones in Europe is LG-made
Posted: 09-Jun-2005 [Source: LG]

[IDC reports LG Electronics seized the number one market share position with 25.5% and one million units sold in the European WCDMA mobile phone market during Q1 2005.]

According to a report on Europe's mobile phone market during the 1st quarter of 2005 released by International Data Corporation, a world-famous market research agency, LG Electronics sold one million units in Europe's WCDMA mobile handset market, catching the No. 1 market share position with 25.5 %.

Europe's WCDMA market size was estimated at 8.1 million units last year, and rapid growth is expected with 22 million units forecasted. As such, it is the world's largest WCDMA handset market.

LG Electronics was selected last year as the WCDMA phone supplier to the largest U.S. mobile operator, Cingular Wireless of North America. This event made LG Electronics the first Korean-based mobile phone supplier to achieve such a goal. With this in mind, LG Electronics plans to supply handsets with innovative designs and multimedia features to the North America market during the commercial launching of WCDMA service due in the second half of this year.

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