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It’s not usual to learn what one handset maker thinks about the prospects of another one. Today we have such information, coming from Samsung’s brokerage arm – Samsung Securities.
According to them, buying LG stock is a good investment as the company emerges as the third largest smartphone maker. Samsung Securities believes that LG will turn its smartphone business around starting in Q1 2013 with the help of the upcoming Optimus G as well as a couple of successors, codenamed V2 and GK, which we haven’t heard about until now. The report goes on saying that LG will sell about 8-9 million units in the first quarter of 2013, while its global smartphone market share will rise to 5.8% at the end of next year, up from 4% in 2012.
There are no doubts the LG Optimus G will be one the best smartphones you can buy the minute it starts selling. However, is that enough? The way I see it, LG never had problems with hardware – rather it was the software, especially firmware updates, which made LG phones rather unpopular. And while we’re sure LG is putting an extra effort to fix things up, they still have to convince the mainstream consumer that they’re back in the game.
As for the losers in the smartphone wars, Samsung Securities expects that Nokia and RIM will “lose ground in OS competitiveness.”
[Via: Unwired View]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
