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Smartphones

LG ships nearly 17 million smartphones in record quarter

LG sold a record 16.8 million smartphones in Q3 2014, a boost of nearly 40% from the year earlier and 16% from the previous quarter.

The boost came from improved sales of its G3 flagship, which launched in August with enough lead time in front of the big fall devices like the iPhone 6 and Galaxy Note 4 to boost sales.

LG noted that higher smartphone sales lead to its mobile division’s best financial quarter in five years, with $4.14 billion USD in revenue and $163 million in operating income.

The Korean company is looking to its mid-range devices in the L series to extend sales momentum, and will continue to release variants of the G3 line, such as last week’s G3 Screen in Korea, for specific markets.

Read more: LG G3 review

[source]LG[/source]

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