LG has lost the race and is content with the number three handset manufacturer in the world. But not anymore. It plans to launch the Windows Phone 7 powered smartphone and thus will be the first to use the Microsoft’s next generation platform with this upcoming LG handset. The company is racing ahead in time to launch the set before its arch rivals Samsung and HTC, will launch their own version though it will be poles apart since they will be using the Optimus-line – which will lack a physical QWERTY.

As the struggle of LG continues in the mobile business, LG Electronics said that it lost money for the first time in four years. The company is now depending on the Google’s Android software to save its sales by launching phones running on the new software through 120 carriers worldwide. LG has struggled since a year following its troubles with Smartphone development. LG which is the world’s third largest phone maker posted a profit of $721 million for April-June quarter which is down from same last year which was $1.1 billion.

The house of LG has unveiled its new application store for feature phone and smart phones. Both games and applications are offered on the LG application stores. Initially it will open in 23 markets followed by expansion to 33 countries which will feature 4,000 applications.

LG has been known to make products with better and sleek designs. This has been reaffirmed by the LG dLite for T-Mobile USA. The LG dLite for T-Mobile USA is a sleek looking gadget with better designs and some really unique features which will be happily lapped up by an increasingly loyal and widening customer band.

LG released a full QWERTY phone. This phone is Wi-Fi capable and somewhat made for social networking with its social networking integration. So if you love Facebook, Twitter, or any social networking site, G350’s SNS will definitely satisfy you!

With the just recent showing of Iron Man 2, Verizon through its latest addition of LG Ally, released a promo application titled Iron Man 2! Yes, it is an Iron Man 2 application on your android phone! It is 2d/3d application that you will truly enjoy. So what are you waiting for?

June 30 will definitely be a day to remember because T-Mobile will add this wonderful addition to their mobile company. Besides of being the first phone manufactured by LG to be added to the big mobile company, it also a new release that people will actually love! This touchsreen phone has smartphone capabilities, and only starts in a low, low price.

Sprint announced it plans to release the LG Remarq which is an eco-phone. This eco-phone is 87 percent recyclable. LG Remarq is launching on May 9 with the price tag of $20. The main notable thing in LG Remarq is that the outer casing of LG Remarq is made from 19 percent post-consumer recycled plastic.

In the present day FCC give a one big surprise and the surprise is that FCC just passed a new LG phone named as GD570 with AWS WCDMA bands which is compatible with T-Mobile USA. This is still not confirming that it is an Android phone or not. This is the only information which is currently available and for more details keep in touch with internet.

LG has officially inveterate the Ally and also announced the coming date which is 20th May. On 11th May an event is occur in which this device is showcased and some others too. According to some photos which is visible on internet it is stated that the look of this device is ugly but in rumors it is said that the look of this device is nice.