LG working on iPhone competitor, Prada III and Android phones in the making
LG has not slowed down with the recent releases of high end phones from its competitors like Apple and Samsung. According to a news story on Korean Yohap News Agency, LG’s head of Mobile Ahn Seung-kwon has revealed that LG will be releasing a new “Black Label” series phone in fourth quarter of 2009 that will directly compete with Apple’s iPhone. The other phones which they may soon release are a Android based phone and Prada III.They have also plans to release a new luxury phone similar to Toyota’s Lexus and Nokia’s Vertu aiming to capture high end markets.
LG is also planning to become 2nd ranked cellphone manufacturer by 2010 by overtaking its arch rival Samsung which is now at 2nd spot. Right now LG is holding 3rd postion in cellphone manufacturing. LG has to come up with some innovative products and some good business business strategy to come to second spot as beating Samsung is no joke. It will be interesting to see how LG unfolds its new products in coming months.
Via UnwiredView and Gizmodo
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