LG GAINS MARKET SHARE

According to MocoNews.net, LG has now moved into the number three position among the top five handset makers. Some experts believe that LG was able to move into third by selling an impressive 27.7 million handsets in the past quarter. Some also say that Motorola's misfortune's has also contributed to LG's success. LG also reported that it had sold some seven million high-end touchscreen phones. The Viewty proved to be the top seller with more than two million units sold. More than 1.6 million LG Venus handsets were sold and 1.3 million LG Voyager units were also shipped. However, some experts warn that the slowing economy could decrease of the company's average selling price by 26 percent.