Bolstered by a record 16.8 million smartphone sales in Q3 2014, LG announced that it has almost doubled its profits to $440 million from the same time a year ago. The 39 percent year-on-year increase in sales mark LG's best quarter in five years.
In terms of numbers, LG's mobile division recorded $4.14 billion in sales, with an overall operating profit of $163.16 million. The strong showing of the LG G3 was likely a factor in increased sales, with LG also attributing strong performance of its handsets in the budget and mid-tier segments. LG is looking to continue its run by focusing on the G series and L series lines in the future:
Building on its momentum and two consecutive profitable quarters, LG expects to strengthen its positioning in the smartphone market with its G Series and L Series III models despite the landscape becoming more competitive.
What do you guys think? Can LG sustain its growth?
Source: LG
Samsung Galaxy S20: A buyer's guide for Samsung's 2020 flagships
The Samsung Galaxy S20 may not be the newest Galaxy S in the race these days, but there's still plenty to like. Whether you want to learn more about its design, specs, or price, here's absolutely everything you need to know.
It looks like Splinter Cell VR is going to have a multiplayer mode
Splinter Cell VR is one of the biggest upcoming Oculus games, and it looks like it's not just going to be a single-player affair.
Qualcomm's Snapdragon 870 will take 2021 gaming phones to a new level
Qualcomm's new Snapdragon 870 is the company's second flagship chipset to kick off 2021 and will be positioned under the recently announced Snapdragon 888 for upcoming flagship smartphones.
Snag one of these and rest easy with the best LG Stylo 6 cases you can find
The LG Stylo 6 is an all-around solid device from LG, without trying to do too much. There's an almost bezel-less display to go along with three rear cameras found above the rear-mounted fingerprint scanner. Once you have a Stylo 6 in your hands, it's time to grab a case to protect your investment.