Annual income for the mobile division rose 16 percent to KRW 15.06 trillion ($ 14.26 billion), and quarterly revenue for the 4th quarter saw modest growth of 5 percent to 3.78 trillion ($ 3.48 billion) for the same period in 2013. LG attributed the growth to increase in deliveries in North America by 78 percent in the fourth quarter of 2014 compared to Q4 2013.
LG has a lot to be excited about, as the financial results of the South Korean manufacturer to 2014 indicate that it sold 59.1 million smartphones in 2014, an increase of 24 percent compared with the previous year. Net profit of LG's $ 474.81 million showed an increase of 125 percent from 2013, with a revenue increase of 1 percent from 2013 to $ 55.91 billion.
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DearTereza
This is good news. Samsung being so dominant has not been good for anyone, diversification of the market is a great thing for Android. Hopefully Sony, Motorola and others will have some luck too.
Ollie
I'm riding out this year with the Note Edge. Next spring I may consider scaling down to a 5.5" or smaller screen. I'm hoping at that time there will be some great contenders in the phone arena that can pull me away from Samsung. I doubt it, but it would be great for the entire industry.
Starztruk
Good for them. I wanna see what they have in store for the LG G4. If they keep everything on the G3 but throw in a higher-quality 1440p screen and add a metal chassis, they can just take my money.
