LG was the 3rd largest phone manufacturer in the world during Q1 2014

Thanks to some great smartphone launches in the past 12 months, LG has now become 3rd largest mobile phone manufacturer in terms of earnings according to the numbers from Q1 2014. Samsung still stands largest mobile phone manufacturer while Apple stand as the second largest mobile phone brand, if the earnings are concerned. According to Strategy Analytics, LG sold more than $3.18 billion worth of mobile phone units worldwide during Q1 2014.

This huge jump can be attributed to successful devices like Nexus 5 and the LG G2. LG has also successfully announced the LG G3 today with some great improvements where it was being criticised. They have improved a lot in terms of hardware design as well the UI design with the LG G3. It looks like the LG G3 will be a best-seller but only time will tell how well LG capitalises this opportunity to threaten Samsung and Apple.

Computer science engineer turned technology blogger. Following consumer electronics industry closely from 2006, he can now predict pretty much where the market is heading. He has a dream to own Android, Windows Phone and iOS smartphones all at the same time.

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Esmail
Esmail

Apple will soon slip down to number 3 and then number 4 as it will continue to lose market share with their persistently high priced phones and with companies like LG and Lenovo offering more value for money smartphones with comparable quality. Also iOS will lose popularity as an OS platform due to its rigidity, and the consumer trend shifting towards customisability.

Rama
Rama

*I partially agree with you bro.I mean given the saturation of high end smartphones market like US and Japan and high end smartphone segment which cost above 40k Apple might end up with decreasing shipments although till date their shipments have been on a rise but a big reason for that rise are models like iphone 4 and iphone 4S which are doing well in developing countries because of their low price tags but still that cannot continue forever. *I believe with iphone 6 Apple may once again increase the iphone shipments just because they will be increasing the screen… Read more »

Rohit
Rohit

It’s a real surprise that they displaced Huawei this quickly also I’m slightly befuddled as to whether the stats are reliable or not as other analytic firms, like Gartner or IDC, paint a different story with the Chinese manufacturer supposedly behind Sammy & Apple worldwide!

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