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This article was published on July 24, 2014


LG bucks struggling Android trend with record shipments and highest revenue since 2010

LG bucks struggling Android trend with record shipments and highest revenue since 2010
Jon Russell
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Jon Russell

Jon Russell was Asia Editor for The Next Web from 2011 to 2014. Originally from the UK, he lives in Bangkok, Thailand. You can find him on T Jon Russell was Asia Editor for The Next Web from 2011 to 2014. Originally from the UK, he lives in Bangkok, Thailand. You can find him on Twitter, Angel List, LinkedIn.

LG is bucking the trend of struggling Android smartphone companies like Samsung and HTC, after revealing that is shipped a record 14.5 million smartphones in the second quarter of 2014. That’s a 20 percent increase on one year previous.

The company isn’t just shipping more phones, it says that mobile sales for the period were its highest since 2010, coming in at $3.51 billion. The company finished the quarter with $83.4 million in profit, ending three straight-quarters of losses.

g3beat2

LG says “much of the success” was down to its flagship G3‘s popularity in Korea, and global sales of its mid-range L Series III phones. Coming up, the company is launching the G3 worldwide, and will release a mid-range variant called the G3 Beat, as well as other L Series devices.

➤ LG announcement

Also read: LG G3 review: Third time’s a charm for LG’s 5.5″ flagship, but questions remain over battery life

Images via LG

 

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