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LG unveils Optimus LTE 4G smartphone in South Korea

The Optimus LTE is LG Electronics latest attempt to catch up with rivals Apple and Samsung
 LG Optimus LTE


LG Electronics, the world’s number three handset maker, has launched a new high-speed smartphone in South Korea to rival Apple and Samsung’s latest iPhone and Galaxy offerings.
LG’s new Optimus LTE handset runs on South Korea’s fast, fourth-generation network and comes complete with an eight megapixel rear camera and 1.3 megapixel front-facing camera.
The smartphone, which has a 4.5 inch HD screen, is powered by Qualcomm’s 1.5 GHz dual core processing chip and Google’s gingerbread version of the Android operating system.  
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LG is hoping the Optimus LTE can revive its fortunes after the electronics giant suffered five consecutive quarterly losses from poor mobile phone sales.
"LG Optimus LTE is the first smartphone in Korea to offer vivid and clear HD content on a 4G network," Dr. Jong-seok Park, President and CEO of LG Electronics Mobile Communications Company told reporters.
"Our goal is to be a leading player in LTE devices by continuously offering best-in-class products based on our LTE patents and know-how," he added.
The company is yet to reveal when the Optimus LTE smartphone will go on sale overseas. 
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