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LG slashes sales targets, struggling within the smartphone market

LG slashes sales targets, struggling within the  smartphone market LG has had a coarse go of it recently. Its phones haven’t exactly wowed reviewers , or even those that do impress end up to have major bugs that send customers running to other manufacturers. Within the face of its struggles to take care of with the Joneses, the corporate has slashed its sales targets for 2011 from 30 million smartphones to 24 million, and overall handset shipments from 150 million to 114. Inside the first 1/2 the year LG sold just over 10 million smartphones — by comparison, Samsung put an estimated 19 million such devices within the hands of customers in Q2 alone. Despite posting its fifth straight quarterly loss there’s some cause for optimism — the loses are becoming smaller and, if it ever gets the kinks worked out with the G2x , it’ll have a significant competitor on your high-end Android dollar.

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