The South Korean company yesterday unveiled its new flagship LG G4. Today unveiled the next financial report for the first quarter of 2015. Even without the new flagship, the manufacturer fixes the remarkable growth, especially in the smartphone market.
LG’s operating profit for the quarter increased and amounted to 305.2 billion Korean won (about 277.5 million dollars), and the net – fixed at 38.4 billion won (34.9 million dollars). But revenues remained unchanged – 14 trillion won ($ 12.7 billion). The company is associated with a decrease in revenues from TV, but the growth in sales of smartphones.
The company shipped the first quarter of 2015 15.4 million smartphones, an increase of 26%. Total Division had revenue of 3.27 billion dollars. The most significant growth in the United States captures LG – 66% more than last year. Several company has grown weaker in Korea – 57%, one of the main factors called popular LG G Flex 2 (review). The mobile unit established a new record for first-quarter revenue for the period from 2010, when the company first released a smartphone Android. The company is not going to stop there and is confident in its future success in the smartphone market.
On the next quarter results largely have influence sales flagship LG G4. The company is confident that will be able to implement 12 million new items, ie 20% more than last year’s LG G3. This should help a wide range of colors of the gadget, a number of unique developments and, of course, the massive sales – the device will be sold in more than 180 countries worldwide.
Surely, one it will not be a leader, and soon we will see new devices as the company average, and low-end segment – the fastest growing on the data currently in China and India and around the world.