LG sells 14.5 million smartphones in Q2, mobile division returns to profit

By July 24th, 2014 AT 4:55 PM

LG G3 Official Front

LG has churned out some really impressive smartphones recently including the Nexus 5 and the recently released G3. They have managed to sell a record 14.5 million smartphones during the second quarter of 2014. This is a 20 percent increase when compared to Q2 2013 and a growth of 17 percent when compared to Q1 2014. With $3.5 billion worth of sales, LG saw an operating profit of $83.4 million, after consecutive losses for three straight quarters. LG has stated that a third of its smartphones sold were 4G LTE compliant. This goes on to show the importance of 4G LTE in smartphones.

Read more on:

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.

Inline Feedbacks
View all comments

Recent Posts

Samsung Galaxy S20 FE With Snapdragon 865 and 120Hz AMOLED Screen Goes Official

Expanding the Galaxy S20 lineup, South Korean smartphone brand, Samsung officially launched the Galaxy S20 FE (Fan Edition) with flagship...

Reliance Jio Might Release $50 Smartphone to Rival Chinese Brands

In the Reliance Industries Ltd AGM 2020, the company announced that its subsidiary Jio is partnering up with Google to...

Android 11 for Android TV Focuses on Performance, Privacy Improvements

Google on Tuesday announced the launch of Android 11 update for Android TV focusing on enhancements to privacy and performance....