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LG To Boast of Triple-Digit YoY Growth at Verizon for 4 Quarters in a Row

by Woody Oh | 7月 10, 2015

According to the report, USA Smartphone Vendor Marketshare by Operator: Q1 2015, published on our Handset Country Share Tracker (HCST) service, LG and Verizon Wireless are estimated to work closely in smartphone segment for the recent quarters, with LG's smartphone shipment units at Verizon posting triple-digit growth annually for FOUR consecutive quarters since Q2 2014.

LG's smartphone market share at Verizon Wireless was under 10% prior to Q1 2014, but it started to grow sharply, and reached the record-high market share in Q1 2015, slowly closing the market share gap with top 2 vendors, Apple and Samsung.

It is estimated that LG is doing quite well in both premium and lower-priced segments, meeting the most needs of Verizon's clients in terms of camera quality, design, user-friendly UI/UX and the call/data quality. Among the top 3 smartphone suppliers for Verizon Wireless, LG is more focusing on capturing the growing market demand at affordable price-points segment, supplying plenty of feature-rich, high-performing, but price-friendly smartphones such as G Vista and Lancet, a Windows Phone based LG smartphone priced below US$100 wholesale, which is the first Windows Phone smartphone distributed by Verizon Wireless in 2015.

This report , available to our HCST clients, has tracked smartphone shipments, vendor marketshare, and OS marketshare for 20 major brands including LG, and 4 major platforms in the United States across 4 top operators including Verizon Wireless, and the total market on a quarterly basis from Q1 2011 to Q1 2015.

Lancet on Verizon in 2015
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