Ron Burgundy Posted August 8, 2014 Share Posted August 8, 2014 By Se Young Lee SEOUL (Reuters) - LG Electronics Inc will on Monday begin selling its latest flagship smartphone in China, a market where it has struggled to make a dent and that has become increasingly tough for makers of high-end handsets other than Apple Inc. Eager to capitalize on strong early reception for its G3, the company on Friday said it will sell the device through online shopping site JD.com, China's second-biggest e-commerce company by market share, at 3,999 yuan ($650). While that is cheaper than its 899,800 won ($869) launch price at home in South Korea in late May, it is more than twice as expensive as feature-rich phones offered by local players led by Xiaomi Inc that have battered the likes of global No.1 Samsung Electronics Co Ltd in China. LG ranked fifth in global smartphone sales in the second quarter, according to IDC, but does not crack top 10 lists in China, the world's biggest smartphone market. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.