LG notches record smartphone shipments on G3 strength

LG shipped 14.5 million smartphones in the second quarter

The G3 has boosted LG's smartphone shipments to record levels and helped reverse three quarters of losses at its phone division, the electronics giant said Thursday.

LG Electronics said its LG Mobile Communications Co. shipped a record 14.5 million smartphones in the second quarter, marking a 20 percent increase from a year earlier.

LTE products accounted for more than one-third of all LG smartphones sold this year, LG Electronics said, announcing a 165 percent year-on-year increase in net profit for the quarter, to 412 billion Korean won (US$400 million).

Sales by the mobile unit were up 16 percent to 3.62 trillion Korean won, while its operating profit of 85.9 billion Korean won ended three consecutive quarters of losses.

"LG G3 sold very well in Korea in June, but outside of Korea the L Series III did well for us," an LG spokesman wrote in an email.

The G3 is rolling out in North America and Europe this month and shipment numbers are not available yet, he added.

The company is also planning to roll out variations of the phone, including the G3 Beat, and other L Series models.

The G3 has a 13-megapixel camera with optical imaging stabilization, and uses an infrared beam to measure the distance to its subject.

The L Series III, on the other hand, are budget smartphones running Android 4.4 and led by the L90, which features a 4.7-inch display and a 1.2 GHz quad-core processor.

It's unclear, however, whether the latest results have improved fifth-ranked LG's standings in the global smartphone market.

According to data released by IDC at the end of April, LG was trailing Huawei Technologies' and Lenovo's shipments of roughly 13 million units each, with 12.3 million smartphones shipped in the first quarter. Samsung and Apple led the pack in first and second place, respectively.

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags consumer electronicsLG Electronicssmartphones

Struggling for Christmas presents this year? Check out our Christmas Gift Guide for some top tech suggestions and more.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Tim Hornyak

IDG News Service

Most Popular Reviews

Follow Us

Best Deals on GoodGearGuide

Shopping.com

Latest News Articles

Resources

GGG Evaluation Team

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell

LIFEBOOK UH574

The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi

STYLISTIC Q702

The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott

STYLISTIC Q702

My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.

Latest Jobs

Shopping.com

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?