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(LEAD) LG rolls out latest G2 smartphone in S. Korea

All Headlines 10:14 August 08, 2013

(ATTN: CORRECTS figures in paras 9-10;ADDS share price in last para)

SEOUL, Aug. 8 (Yonhap) -- South Korean tech giant LG Electronics Inc. released its latest flagship smartphone, the LG G2, on its home turf on Thursday, in a bid to further shore up its presence in the global high-end smartphone market.

The 5.2-inch smartphone by the world's third-largest smartphone maker made a debut in New York on Wednesday to take on its rivals, including Samsung Electronics Co. and Apple Inc.

The LG G2, the first device rolled out by LG Electronics after it dropped its Optimus brand, uses a quad-core Snapdragon 800 CPU, Android 4.2.2 Jelly Bean operating system, 13-megapixel rear camera and 2.1-megapixel front-facing camera, and comes with 2 gigabytes of RAM.

The LG G2 places all the buttons on the rear of the device, making this the first smartphone to be completely devoid of side buttons.

The smartphone with a Full HD display also presents key compelling features. For one, "KnockOn" lets users turn on their phones by tapping the display twice. Also, the smartphone automatically picks up a call when the phone is raised to a user's ear.

The LG G2 allows information embedded in text messages to be selected and easily saved in a memo or calendar and searched on a map or the internet.

The device also protects owner's privacy by displaying only pre-selected apps when guests access the phone with a secondary unlock pattern.

It also provides support for the Long Term Evolution-Advanced (LTE-A) network, which will allow users to take advantage of connection speeds of up to 150 megabits per second.

The device is priced around 954,800 won (US$900), similar to that of the Galaxy S4 LTE, which was released in June by Samsung Electronics, the world's largest smartphone vendor.

The LG G2 will be released through some 130 mobile operators around the globe by the end of October, including AT&T, Sprint and NTT DoCoMo, according to LG.

LG Electronics is aiming to sell 10 million G2 smartphones around the globe, two times more than its previous targets for the Optimus G and the Optimus G Pro.

In the first six months of the year, LG sold a combined 25 million smartphones.

Shinhan Financial Investment Co. estimated that the sales of the device will reach 5 million this year.

Shares of LG Electronics were trading at 74,900 won on the Seoul bourse as of 10:00 a.m., up 1.08 percent from the previous session's close.


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