LG sells the largest number of phones in existence

LG has in the first quarter of this year, 10.3 million smartphones sold. That is 110 percent more than a year earlier. The good sales and revenues were caused in part by the sales of the Nexus 4 and lte smartphones like the Optimus G.

Thanks to the 10.3 million sold phones increased the sales of LG from the telefoontak to 3.2 trillion Koranic won, or 2.2 billion euro. According to LG, the strong sales partly due to the Nexus 4 and the L series II. Furthermore, the revenue driven by the sale of more expensive lte smartphones like the Optimus G and the Optimus G Pro.

Never in its history sold the South-Koranic business phones, but competitors sell still more. As appears from the Tuesday released quarterly results from Apple that company in the same period, 37.4 million phones sold. Expect LG that sales will continue to increase, partly thanks to the international rollout of the Optimus G Pro.

LG has also sold more lcd tvs, but that could not prevent the revenue from the Home Entertainment division, where the tvs under attack fell to 5.2 trillion won, a year earlier to 5.4 trillion won. The company turned in its entirety with a turnover of 14.1 trillion won, or € 9.7 billion euros. The earnings amounted to 22 billion won, or 15.2 million euro. That is a lot less than a year earlier, when the company was 248 billion won profit realized, or 170,9 million.