LG on Thursday launched its latest smartphone ‘Optimus One‘ and announced plans to increase its mobile phone production capacity from 60-lakh units a year to 1.50-crore by the end of 2011.
Powered by the Android operating system, the new handset is priced at Rs.13,500 and comes with 8.1-cm display, 3MP camera and expandable memory up to 32GB.
“Over the next six months, we will launch ten more devices in the Optimus series, priced between Rs.8,000 and Rs.30,000,” LG Electronics India Managing Director Moon B. Shin told journalists here.
“Smartphones are poised to drive growth in the India mobile market in the coming years and LG’s focus on innovation based on thorough consumer research places us squarely at the forefront of that evolution.
Next year will be acceleration phase for LG mobiles, and investments are aligned towards taking at least 15 per cent of market share in the smartphone segment,” he said.
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