LG Electronics claims that it has sold more than three million handsets globally, according to The Korea Herald. The company has plans of rolling out its LTE range of smartphones in 20 countries. Currently, the company has focussed on Korea and the US. Its Optimus LTE has become a successful device, becoming LG's first smartphone to notch one million sales in Korea. It has been ranked the No 1 LTE smartphone in Japan.

"We're planning to take the leading position in LTE handsets by showing off innovative products that also focus on improving the user's experience like the Optimus LTE2 unveiled in Korea," said LG's Mobile Chief Park Jong-Seok, according to The Korea Herald. The device is the world's first smartphone to house 2GB of RAM.

LG Electronics claims that it has sold more than three million handsets globally
LG Electronics claims that it has sold more than three million handsets globally. : The Korea Herald

The HTC Evo 4G LTE and Samsung Galaxy S3 are likely to pose stiff competition for LG and will draw the attention of customers in the smartphone market for an LTE device, according to The Next Web.

The LG Optimus LTE2 was unveiled on 17 May. The company has announced that the device will be available in Korea, while there is no official announcement about the global release of the new LG smartphone. There are suggestions that the device could actually be a tough competitor to tackle the newly launched Samsung Galaxy S3.

The new LG smartphone comes with a 4.7in True HD IPS display with a resolution of 1280 x 720 pixels. It is powered by a 1.5GHz dual-core CPU and Qualcomm MSM8960 Snapdragon chipset. It runs on Google's latest Android 4.0 Ice Cream Sandwich operating system. The Optimus LTE2 has onboard storage of 16GB and support to microSD card slot with an additional memory of 32GB. It packs a massive Li-Ion 2150mAh standard battery.

The smartphone is expected to boost sales with its attractive specs.

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