LG Electronics has announced the results of its work in the third quarter of this year. Total revenues of 14.54 billion dollars, which is 7.4% more than last year. At the same time, profit reached 449.61 million, which is more than two times higher than the same period last year.
However, the most interesting are the data on the sales of smartphones LG. According to the company, in the third quarter of this year, they were record and reached 16.8 million units.
This number of smartphones sold noticeably higher than it was in the third quarter of last year – an increase of 39%. In addition, it is 16% more than in the second quarter of this year.
Revenue and profit of LG Mobile Communications, which sells mobile devices totaled 4.14 billion and 163.16 billion US dollars, respectively, and is the highest in the company’s history, starting with the third quarter of 2009, the company said. LG plans to further strengthen its market position with sales of smartphones series G and L.