LG shipped 12 million smartphones in Q3, sales are up 24% year-on-year
Best of all, it was LG's mobile division that led the charge. Sales of third-quarter mobile devices is up 24% ($2.75 billion), compared to last year's Q3, which translates into 12 million smartphones shipped in the span of the last three months. LG notes that it is planning to focus on increasing sales of its excellent LG G2 and other premium products in its line-up during the peak of the holiday season, along with its wide portfolio of mid-tier 3G devices, such as the L II and F series devices.
The rest of LG Corp's daughter companies are all reporting a relatively flat third-quarter performance.