The LG G3 won’t release in the U.S. until summer, but reports out of Korea indicate that the smartphone is already selling well overseas.
ETNews reports that the LG G3 is so popular in South Korea that it is outselling the Samsung Galaxy S5 3-to-1. Supposed sales figures indicate that the LG G3 is selling at a rate of 25,000 to 30,000 units daily since it launched on May 28. In comparison, reports indicate the Samsung Galaxy S5 sold between 7,000 and 8,000 units daily when it launched in South Korea on March 27. Both companies are based in South Korea.
The LG G3's many updated features are likely what's attracting customers. The new flagship by LG Electronics (066570: Korea SE) is the first mass-marketed smartphone to feature a Quad HD (2560x1400) display. Additionally, one version of the LG G3 features 3GB of RAM and 32GB of internal storage.
Notably, the Samsung Galaxy S5 released on several major mobile networks in South Korea two weeks before its global launch on April 11. Carriers including SK Telecon, KT and LG Uplus tried to preempt a sales ban set in place by Korean officials that would have prevented them from offering the Galaxy S5 to new customers when it officially became available to the public. Despite the sales ban, the new flagship by Samsung Electronics Co. (KRX:005930) went on to sell over 10 million units worldwide during its first month on the market.
U.S. mobile networks including AT&T Inc. (NYSE:T), Sprint Co. (NYSE: S), Verizon Communications Inc. (NYSE:VZ) and T-Mobile have all confirmed that they will begin offering the LG G3 in the summer. Sprint in particular says the LG G3 will be available starting in July.