LG has announced that it has shipped a total of 16.9 million smartphones in quarter three of 2014, this is the companies highest smartphone quarter to date.
Shipments of LG’s smartphone are up 39 percent on the same time last year, and up 16 percent on quarter two of 2014, and LG Mobile says they have had their best quarter in the last five years.
LG announced sales of $4.14 billion for the quarter and an operating income of $163.16 million for the quarter, for its mobile phone division.
The company has seen strong sales of its mid range device and also increased sales of its new LG G3 smartphone, which comes with a range of impressive specifications.
LG also announced total revenue of $14.5 billion for the whole company which is up 7.4 percent on last year and an operating profit of $449.61 million.
Source TechCrunch, Techmeme
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