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The world’s third largest mobile phone makers LG Monday released a new intelligent mobile phone Optimus LTE, the mobile phone uses the South Korean fourth generation network technology, and is also attempts to reverse the declining tendency of LG mobile phone business. In the Christmas sales season at the end of this year ,Optimus LTE will mount a direct contest with Samsung electronic’s 4G version Galaxy S and Apple new generation iPhone that uses the new standard 4G network.christian louboutin shoes discount
Previously, LG mobile phone business sector has suffered five consecutive quarters of losses, the company later this month will release third quarter results, due to the lack of attractive high-end mobile phone, outside estimates mobile phone business of LG will further losses.
Compared to competitors, LG response slowly in intelligent mobile phone business, at the same time, because of the small size, the company failed to profit from cheap mobile phone demand growth. LG Senior vice president, South Korea marketing department director Na Young-bae said in an interview:” Optimus LTE is a very competitive product we introduced, making full use of our LTE and display technology.”
Optimus LTE is equipped with a 4.5 inch screen, a 8000000 pixel rear camera and a 1300000 pixel frontcamera, using Qualcomm 1.5 GHz dual-core processor, with Google ‘s newest Android operating system” Gingerbread”. Hardware configuration is similar to samsung Galaxy S II LTE. LG said, so far the company has not determined when Optimus LTE would be released in the overseas market.
LG holds a total of 1400 LTE technology patents, some analysts estimate that these patents worth $8000000000. Analysts expected, , LG third quarter profit will decline by about 3 percentage points due to the mobile phone sales drag.Jimmy Choo Shoes outlet Due to the reductions in functional mobile phone product line in order to focus on the smart mobile phone, LG production volume reduces, resulting in its second quarter profit rate decreased by 1.7%.

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