Skip to main content

LG reports 12.1 million smartphone shipments in Q2, $2.78 billion in mobile revenue

LG has just posted its earnings for Q2 2013. The company reported revenues of $2.78 billion for the quarter, which is a 34.5 percent increase year over year. LG says that it also sold a record 12.1 million smartphones during the quarter, which led to an operating profit of $54.37 million, which is slightly lower than last quarter. LG attributes the drop to weaker demand in the South Korean market.

LG expects the lower-end L-Series and F-Series devices to increase overall sales growth, while its flagship G2 device should “increase the company’s product competitiveness.”

The company is expected to announce its highly-anticipated G2 flagship on August 7th. 

FTC: We use income earning auto affiliate links. More.

You’re reading 9to5Google — experts who break news about Google and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Google on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

Comments

Author

Avatar for Chance Miller Chance Miller

Email: Chance@9to5mac.com

Chance currently writes for both 9to5Google and 9to5Mac, in addition to 9to5Toys.


Manage push notifications

notification icon
We would like to show you notifications for the latest news and updates.
notification icon
You are subscribed to notifications
notification icon
We would like to show you notifications for the latest news and updates.
notification icon
You are subscribed to notifications