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Q2 12 LG LTE Growth Remains on Track
LG shipped 13 million handsets worldwide in Q2 2012, down a disappointing 47% annually. The vendor's global marketshare slipped to its lowest level in a decade. The fast-growing LTE handset category remains the key to LG’s recovery. And in this area, LG is currently performing well. It has a strong presence and offers many models. If LG can achieve its proposed LTE volume targets for 2012, the vendor can establish itself as a top-four 4G brand.