LG G5 First-Day Sales in S. Korea Top 15,000 Units

Manila Bulletin, April 3, 2016 | Go to article overview

LG G5 First-Day Sales in S. Korea Top 15,000 Units


LG Electronics Inc., the second-largest consumer electronics manufacturer in South Korea, sold more than 15,000 units of its new flagship G5 smartphone on the first day of its launch in that country. This is three times more than the sales volume of its precedent G4 model on its first day, hinting a possible turnaround in the electronics giant's mobile communication business that has been struggling for years due to a lack of hit products.

According to local mobile careers and handset industry sources on Friday, LG Electronics' G5 sales are said to have exceeded 15,000 units on Thursday, the first day when the company kicked off its sales in Korea. LG's G4 smartphone, its previous model, was sold about 5,000 units on the first day of the launch.

The sales volume of the G5 could further climb given the fact that the network of one of the country's three major mobile careers, KT Corp., was down for seven hours on Thursday, preventing a number of G5 buyers from activating their phones.

The market expectation for the G5 is the highest among LG's all smartphones. …

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