South Korea's No. 2 tech giant, LG Electronics Inc., is estimated to have posted a 25 percent gain in its smartphone sales last year from a year earlier, industry sources said Thursday, taking a step closer to claiming the third spot in the global market.
The combined smartphone shipment of LG Electronics is estimated at 59.6 million units for 2014, up from the 47.6 million units posted a year earlier, the sources said. Industry watchers earlier expected its sales would hover around 60 million units last year.