LG split into the financial results of the first quarter of this year. Mobile division recorded sales growth, thanks to the warm acceptance LG G6.
LG latest quarterly results show that the mobile division of the Korean company returns to form. In the period January-March 2017 revenue from smartphones reached the level of 2.61 billion dollars, an increase of 4% compared to the previous quarter and year-over-year by 2%. As for the sale of smartphones in the period under LG provided a market of 14.8 million units, or 10% more than last year. This has been achieved thanks to the warm acceptance LG G6 (primarily in South Korea) and a pretty good smartphone sales with lower price levels, especially with the K-series (such as LG K10 2017). LG optimistic about the future and assumes that the next quarter will be even more successful. The fact, however, decide to consumers around the world who only recently can order LG G6. Source: LG