Devices > Emerging Devices Blog

LG Mobile Phones Turn Profitable for First Time In 4 Quarters

by Woody Oh | 7月 30, 2014

According to a recent Q2 2014 report for LG, published under our Wireless Device Strategies (WDS) service, LG finally came back into profit for the first time in a year, due to robust shipments of LTE smartphones such as the G3, G2, G Pro 2 and G2 mini, and the widespread availability of affordable L-series 3G smartphones across both developed regions and emerging markets. However, China and India, the two biggest handset markets in the world, still remain a weak-spot for LG to address immediately, as a number of locally-focused vendors, such as Xiaomi, are growing their market presence quarter by quarter.

Previous Post: Motorola Smartphones -- Finally on the Comeback Trail | Next Post: Huawei Becomes the World's 4th Largest Mobile Phone Vendor in Q2 2014

Let's talk

Now you know a little about us, get in touch and tell us what your business problem is.
Inquiry / Message: