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LG Announces Record Smartphone Sales in Q2 2013

by Jacob Kleinman | July 24, 2013July 24, 2013 7:00 pm PST


LG sold a record breaking 12.1 million smartphones in three months leading up to the end of June, the company revealed earlier today in its Q2 earnings report. Mobile sales revenue for the Korean company’s second fiscal quarter of 2013 reached $2.78 billion, accounting for about 20 percent of its total $13.6 billion revenue in that period.

LG’s net profit for the quarter was $139.04 million, a big step up from the previous quarter but a 7.7 percent decrease from Q2 2012. The company hopes to continue its upwards trend in the next quarter by pushing its mid-range L-Series II and F-Series handsets to drive sales, while premium handsets like the Optimus G Pro and G2 will help boost the company’s brand recognition.

The G2 is expected to come equipped with a 5.2-inch HD display, 2GB of RAM, a 13-megapixel rear camera, and a Snapdragon 800 processor clocked at 2.3GHz. LG has confirmed that it will unveil the flagship handset at a press event on August. 7. We’ll be at the event, providing live coverage of the G2’s launch.


Jacob Kleinman

Jacob Kleinman has been working as a journalist online and in print since he arrived at Wesleyan University in 2007. After graduating, he took a...