LG shipped 12.1 million smartphones between April and June. LG Mobile Communications posted revenues of KRW 3.12 trillion ($2.78 billion) in the second quarter of 2013, up 34.5 percent.
Operating profit increased to KRW 61 billion ($54.37 million).
LG’s operating profit declined from the previous quarter due to weaker demand in the Korean market, lower average selling price due to increased competition, and higher marketing investments.
The company said shipments from mass-market smartphone models such as L-Series II and F-Series are expected to drive sales growth, while high-end products such as G Pro and LG G2 will increase LG’s product competitiveness.
LG Electronics revenues in the 2013 second quarter rose 10.1 percent year-over-year to KRW 15.23 trillion ($13.58 billion).
Profit in the second quarter dipped to $139.04 million.
Operating profit decreased marginally to $426.92 million.
