Posted by LG has announced its second quarter of 2015 results and here are the highlights for its mobile business:
- sold 14.1 million units
- the above figure represents a 3 percent decline from the same period last year
- of the total sold, more than 8.1 million were LTE smartphones, its highest ever.
- North America revenues increased by 36 percent year-over-year due to better performance of mid-range smartphones and tablets.
LG says that in the third quarter and beyond, it will more aggressively implement its dual strategy focusing on both premium devices as well as mid-range smartphones targeting emerging markets. Yes; LG isn’t playing at the budget level.
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Welcome to mobile gaming Nintendo… Missed better super Mario gameplay
Maybe they should borrow a leave from their neighbor Samsung whose been posting impressive profits lately and dabble into all segments of the Smartphone market..
I wish HTC would take a leaf from their book. Having said that, I’m seeing more LG and HTC phones these days than Samsung….so they must be doing well somewhere.
Wrong section/post I know.. Mistakes do happen u know
Unfortunately the records says otherwise,while Samsung is announcing healthy phone sales QoQ,HTC and LG are bleeding out on their current sales numbers..
I dont blame LG from focusing on premium. that’s where the profit is. Followed by the midrange. Budget needs a lot of shipment to catch up with the profits of the premium and midrange.
This contradicts most of your comments o Mr Don. Is it you or 3WT that talks about streamlining portfolios? Why do you think another manufacturer’s foray into all segments will improve stakes?
Unfortunately, i actually still see more of samsung these days than htc and LG combined.