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Wednesday, October 29, 2014

LG clocks up record smartphone sales and profit in the third quarter

LG clocks up record smartphone sales and profit in the third quarter: The LG Mobile Communications Company, aka the folks that are behind the G3 flagship, moved the record-breaking for the company 16.8 million smartphones last quarter, which is a whopping 39% year-on-year increase, and 16% compared to the previous quarter. The mobile division clocked in $4.14 billion оф revenue, with $163 million operating income, which are the highest numbers since 2009.


LG expects this momentum to continue, building on the success of the G and L series, despite the maniacal competition that is blooming in the industry right now. The company was the first ...

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