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LG sells a record 14.5 million smartphones in Q2; mobile division turns a profit

Good times are coming to LG as the South Korean manufacturer announced today that it sold a record 14.5 million smartphones during the second quarter of 2014, an increase of 20 percent from the same time last year and a growth of 17 percent from Q1 2014.

The hardware manufacturer recorded sales of KRW 3.6 trillion ($3.5 billion) from the mobile division, the highest since 2010. The mobile unit also saw an operating profit of KRW 85.9 billion ($83.4 million), bringing an end to three consecutive quarters of losses. Strong initial sales of flagship devices like the G3 as well as continuing sales of the mid-range L series of handsets were attributed by LG as the main reasons for the strong performance this quarter.

A notable highlight is that handsets with LTE connectivity accounted for a third of the shipments this year, which is indicative of the growing demand for LTE-enabled smartphones. LG is set to continue the momentum by rolling out the G3 in more global markets, and by launching additional variants, like the G3 Beat.

Source: LG

Harish Jonnalagadda
Harish Jonnalagadda

Harish Jonnalagadda is a Senior Editor overseeing Asia at Android Central. He leads the site's coverage of Chinese phone brands, contributing to reviews, features, and buying guides. He also writes about storage servers, audio products, and the semiconductor industry. Contact him on Twitter at @chunkynerd.

  • First HTC, now LG. Good. Very good. It's nice to not just have Samsung make a profit. Posted via Android Central App
  • HTC, LG and Sony are stepping up their game while Samsung is staying on par. This is especially true in the design department. The 5S is just plain ugly to me.
  • Looks like a mini note 3 Posted via Android Central App
  • Yelp, that's a reason why after this note 3 I'm done with Samsung, other manufacturers are making great phablet devices Posted via Android Central App
  • Yup, the Note 3 was my last Samsung phone as well. People say touchwiz doesn't lag anymore but that's just not true. Posted via the 64 GB OnePlus One
  • Same here. Note 3 will be my last Samsung phone until Touchwiz gets a complete overhaul, and KNOX is optional (which will probably never happen)
  • Especially since KNOX will be in every phone with the Android L release. TW did get an overhaul on the S5 and it is pretty good. No better or worse than the G3 ROM
  • It doesnt
  • Just ordered the LG G3 today, Sold my Tab Pro 8.4 for the Verizon LG Gpad, Selling my Galaxy Watch for the LG Watch this week. Done with Samsung for awhile anyway. Posted via Android Central App
  • I'll be hanging on to my LG G2 for at least another year. The G3 is good, but the G2 is more than future proof for the time being. And yes, common sense indicates that the G2 will see the L-release. Posted via the LG G2 Android Central App
  • ^^This^^
  • Opinions are like ***holes. Everyone has them. My opinion is that the s5 looks great. Posted via Android Central App
  • I agree, my LG Flex rocks! It have some of the same feautures i thiught o nly my Note 2 had and more. Samsung has gone the way of Apple and keeps churning out the same style of phone,etc. I want some different everytime i update/upgrade my phone. Posted via Android Central App
  • Uh... HTC isn't doing anything man what are you taking about? Posted via Android Central App
  • HTC pulled a profit for the first time in a while last time around
  • Solid first-ing. Anyway, love that other Android OEMs are profiting! Competition breeds innovation which is almost always a win for us consumers :) Posted from my TARDIS!
  • Absolutely!!
  • +1 Posted via Android Central App
  • From my Galaxy Note 3 on Tmobile via Android Central App
  • Your doing more harm then good because of you Mr Yarell people are starting to hate Samsung. Posted via Android Central App
  • Good job LG... You are doing better job than Samsung. Posted via Android Central App
  • Lol no. They're not there yet. Let's just be happy they actually made money.
    Posted via Android Central App
  • I think he meant phone comparison wise, not sales. Bad timing on his part though since this article is about how they're doing financially.
  • Yep I meant the phone wise.. We all know Samsung makes the most money in Android partly because normal people are dumb when it comes to choosing phones and they don't care if their phone lags or doesn't get updates etc.. Posted via Android Central App
  • What like the LG G3 does? As said in the review here on AC, the G3 is no worse, nor any better than the S5. Samsung has a much better record for updates than LG. Longer and faster updates at that. Normal people are not dumb, they like the feature set that the commercials have shown off, that all the other OEMs are just now getting to.
  • I actually think Samsung has done fairly well in updating their phones recently. LG is doing a lot better too actually. I think the quick updates are in part due to the Android Alliance partnership and post Ice Cream Sandwich UI.
  • They have done very well (samsung) and they are really improving (LG). Both of them are lacking, IMHO, putting stuff up in the play store like HTC and Moto so that delays things a bit. I think within 2 years we will catch up to Apple with the updates (the only thing they get right)
  • The G3 has very little lag if any. The stock launcher needs some optimizations and that is where most people notice a little lag. I always use an aftermarket launcher (Apex) simply because of the backup/restore features so I really haven't noticed any lag at all. Samsung needs to stick the stupid physical home button up there A$$ and the S5 went backwards in maximizing screen to phone ratio (bezels got larger). To top if off they are making a "prime" version with thin bezels and QHD screen. Shame on Samsung for playing games! I've had the S2, S3, S4, and now the G3 and couldn't be happier. The G3 is simply a better phone then the S5 hands down with the only exception being water resistance on the S5 but personally I don't need that. Now I just wish LG would step up and make a 12 inch tablet so I could sell my Note 12.2 and get an LG tablet. Everyday I curse Samsung for putting the stupid physical home button on the tablet. I can understand it on a phone (used in portrait 98% of the time) but on a tablet is just downright dumb. No one else makes 12 inch tablet (at least not a good one) so it's my only option for now. On another note I bought a Samsung dish washer about 6 months ago. I know, what was I thinking but it was on sale and it looked nice. All I can say is... stupid dishwasher! Should have bought a GE or Maytag. My bad! Frankly I'm done with Samsung!
  • People buy what's popular Posted via Android Central App
  • S4 doesn't lag. Posted via Android Central App
  • If you think a stock S4 (Touchwiz) does not lag, then I want some of the stuff you are smoking.
  • I have an s5, what lag are you talking about. Posted via Android Central App
  • Yeah selling half of the Note 3 sales says they are doing better than Samsung, especially with their flagship phone (G2), their secondary phone (G Flex), and their Phablet (G pro) in the same period. THEY ARE AWESOME!!!! That being said, I like that we are really getting competitive in the smartphone space. For so long Samsung jumped out into the lead and kept it. Now consumers are starting to look at other things and options. This is nothing but good for everyone involved. Oh and I love the G3...
  • Note 3 sales were 10 million units in the first 60 days after 'worldwide' launch.
  • I can't help but laugh at the bandwagon jumpers on this post. Reality is all that matters and the market share numbers are what no tech news site or fanboy can change. Lg 7.5 % market share
    Huawei 11% market share
    Samsung 69% market share of the entire android platform Lg isn't selling more handsets than Huawei in the United States. At the end of the day what SAMSUNG makes in profits is three times more than any android manufacturer making products today that's why they are the Worldwide market share leaders and have been the android market share leader since May 2011. It's pretty much plain and simple nothing beats Samsung period they are Android nothing else matters.
    From my Galaxy Note 3 on Tmobile via Android Central App
  • It's kind of ridiculous, nauseating in a way, how you and NoNexus constantly feel the overwhelming compulsion to defend Samsung in posts about other manufacturers' great and successful products. Everyone knows you both absolutely adore your fabulous fablet Note and S-Pen. Yet no matter how much we have to tolerate your fanaticism it's a niche market. 90% of the world's smartphone users prefer something other than a Note.
  • NoNexus goes by the facts, so arguments are usually never bias. Richard is just a straight up Samsung **** rider Posted via Android Central App
  • NoNexus is very good at misleading people by twisting facts, misdirection, and highly suspect assertions. For example, he has access to a more complete collection of recently released smartphones and has performed a more in depth and opinionated evaluations than all Android Central editors while at work with programming expertise and having the time to fill these forums with more content than Android Central's entire editorial staff. While the fake Yarell may be mocking an inferiority complex, NoNexus is the embodiment of the opposite.
  • I'm very real regardless of people or haters I will always be me and don't care who likes it or doesn't like it. I am no bandwagon person I stick to what works I'm not looking for a new bandwagon yearly. From my Galaxy Note 3 on Tmobile via Android Central App
  • Except you jumped of the HTC bandwagon after the Evo 4g ? Posted via Android Central App
  • ^ Posted via the 64 GB OnePlus One
  • Says the guy who, just over 2 years ago, was saying how the "legendary" Evo 3D would be "Sprint's flagship device well into 2012" and that it "would never be beat". Additionally, you were constantly saying how you'd "never own any of Samsuck's crappy ass plastic devices with a ten foot pole". Fast forward into mid 2012, and lo and behold, you have a Galaxy S3 and are saying how Samsung is awesome. You're the very definition of a bandwagon jumper.
  • Nope I do not do an in depth analysis, I do not write reviews but for my work I have to be honest about what a device does and doesnt do. I know you think that I mislead, but I can back things up with facts. I am still waiting on you to prove your last "fact". You have been proven wrong time and time again. I carry a Samsung phone as my daily driver, but as I have said over and over, if I had to choose between the S5 and the G3 I would take the G3. I have said that if it wasn't for the camera, the HTC One would be as close to a perfect phone as you can get. I have defended the Moto X time and time again against the Spec whores. A person with a Samsung agenda (like richard) would not say anything like that. You need to work on your reading comprehension. Try once and awhile to read what I actually write instead of what you think I write. I know that it is tough for you to understand someone being unbiased
  • Bang! ***Ivana........Ivana Humpalot***
  • This, Nonexus is nowhere near as bad as Richard, he actually sounds like he wants the other oem's to succeed and only defends Samsung when someone else starts to rag on them .Richard on the other hand is a straight up idiot. Posted via Android Central App
  • +10 on NoNexus stating the facts.
    Posted via Android Central App
  • Truthfully you don't have to tolerate anything nor do I care that you respond or exactly what you think so why care what I say unless you want attention. I state what's reality rather you or people like it or not the truth is just that the truth numbers and market share don't lie tech sites and people do. At the end of the day I will like what I spend my money on and support exactly what I spend that money for and I hope you would do the same. I don't worry about others thoughts or beliefs I worry about my own. From my Galaxy Note 3 on Tmobile via Android Central App
  • It doesn't matter that the percentage is higher for Samsung. The fact of the matter is the g3 is doing circles around Samsung and other manufacturers. I bought my wife a g3 over the s5 and she loves the galaxy phones, but now she doesn't want to go back. I don't care what a commercial says, the s5 is a great phone but the g3 is an even better one. Posted via Android Central App
  • Lg G3 just arrived so it couldn't of sold much that's an illusion at best. Give credit to the Lg G2, Lg Gpro, Lg Gflex maybe even the Nexus 5. Time for some reality it WON'T sell more than the Galaxy S5 it NEVER DOES when will people wake. Profits are nice that's why Lg is in business to begin with but let's not get to besides ourselves here they aren't on the level as SAMSUNG in any manner and never will be. From my Galaxy Note 3 on Tmobile via Android Central App
  • He is talking about the actual quality of phones, not financials. LG makes better phones than Samsung and doesnt add so much bloatware that it even slows down on the mighty Snapdragon 801 like the S5 does.
  • Hoping all the small guys make profits
    HTC, LG, moto, Sony, etc Posted via Android Central App
  • +1 Posted via Android Central App
  • Good job LG. You made one hell of a flagship. Posted from my LG G3 or Nexus 5
  • Agreed. I want the G3 to be my next phone.
  • The G3 is an amazing phone, especially rooted + Xposed + G3 TweakBox. You will love it.
  • LOL that is exactly what I am running and yup, I am loving it. Great phone.
  • Agreed. Picked up my G3 a couple weeks ago. Love it.
  • Article has nothing to do with Samsung tho... Congrats to LG tho... If Samsung fall who will ppl hate on? I will be glad when apple new iPhone drops and shakes the world up so ppl can go back to debating on iPhone and stop hating on a team player Posted via Android Central App
  • Whoever becomes the top dog will get the hate. It is human nature to go for the underdog, as misguided as it is.
  • I've had all the latest flag ship phones and lg is by far the best package. Posted via Android Central App
  • Way to go LG! The G2 made me a fan after being Sammy or Moto for years! Posted via Android Central App
  • I'm waiting on a G Flex 2 Posted via Android Central App
  • It's because the g3 is an awesome phone. People would rather pay $600 for the g3 than $500 for an s5 or Sony Xperia phone. At work alone several people have purchased either the lg g2 or g3. Posted via Android Central App
  • I have to say i'm in love with my new G3! LG done a cracking job with the G2 and the Nexus, long may it continue!
  • Congrats to LG. They're filling the Samsung-alternative shoes I had hoped Sony was going to step into.
  • LG has raised the bar in what a 'premium plastic' device should be and look like in my honest opinion! If anyone can build a similar device OR better.....Samsung can def do it!! This is really great for all of us, the consumer! Samsung has their work cut out for them and I really do hope this puts fire in their behinds because if they don't.....I see them entering a downward spiral in the coming months/years.
  • Good to see. I've been with Samsung the past five years since I switched from Apple.
    My next phone come October is the LG G3! Goodbye Samsung.
    Posted via Android Central App
  • Its not that samsung is doing anyrhing wrong its that other android oems are finally doing things right. However a modest profit from htc and Lg hardly heralds the end of mighty mighty Samsung.
  • The thing is though, most of samsungs customers don't care what android they have. Most of them got what their friends had. I saw it this year at school, the new fad was the galaxy s4. Most of them think its running 'galaxy'. If more people continue to buy the Lg phones, I bet the numbers will continue to rise. Posted via My Ever-Bloated S4
  • running galaxy lmao
  • The average smartphone user isn't tech savvy at all. This really doesn't surprise me, and is also probably why Google has enforced putting "Android *insert version number here*" on the start-up screen for KitKat. Posted via Android Central App
  • Samsung will continue to do very well unless they start catering to that most vocal of niche markets otherwise known as android geeks. Samsung is the everyman oem. And yes, many many people are oblivious to android version and even os. And thats ok. One doesnt need to be geeky to enjoy Samsung products.
  • Yawns... note 4 and iPhone 6 is gonna make the g3 a after thought come September... My friend has g3 great phone, to me it's faster then s5, screen didn't impress me like I thought I didn't like the saturation on it Posted via Android Central App
  • +1 Posted via Android Central App
  • Competition is good. No need to rip on manufacturers outside of Apple XD jk. Posted via Android Central App
  • Why every site I see everybody hating on Samsung. Lol. This article said nothing about Samsung and people quick to bring them up. Lol. I'm glad lg is improving their phones. But samsung been making top phones and they want stop. And people that said note 3 is their last phone of samsung, lol, I feel for u cause I already know that note 4 go be a beast just like every other note. Posted via Android Central App
  • This is great!! I hope to see more OEMs turning profits soon! They all have some awesome offerings and make great phones and I think they need to be rewarded for that Typed on tiny keys just for you
  • Well lg does make some good products. I was lucky enough to have both a galaxy s4 and an lg G2. I recently had to sell one because of economic embarassment lol. Anyway i sold the G2 even though its a slightly more capable phone than s4. Just couldnt part wirh my Galaxy. But congrats to LG on the good showing!