LG Mobile smartphone Q2 shipments up 20% to 14.5 million

LG Mobile Communications today said its smartphone shipments in the second quarter rose 20 percent to 14.5 million.

LTE products account for more than one-third of all LG smartphones sold this year.

LG Mobile Communications Q2 sales increased 16 percent to $3.51 billion.

The mobile division has also made an operating profit of $83.4 million, after posting losses in three consecutive quarters.

Initial popularity of the LG G3 in the Korean market and sales of L Series III smartphones were the main growth drivers.

LG plans to continue its rollout of the G3 and introduce more mass tier products in the second half, including variations of the LG G3, such as the recently announced G3 Beat, and additional L Series models.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

Latest

More like this
Related

Global Smartphone Revenue Hits Record $109 bn as Apple Captures 49% Market Share in Q2 2026

Global smartphone revenue reached a record $109 billion in...

India Proposes Tax Break Extension Until 2041 to Boost Apple Manufacturing, Electronics Exports

India has proposed extending tax exemptions for foreign companies...

Motorola Moto Pad 70 Groove Takes on Samsung, OnePlus, Xiaomi and Apple with ₹33,999 Premium AI Tablet

Motorola has intensified competition in India’s premium Android tablet...