News by Luke Jones on Thursday January 29, 2015.
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LG was one of the companies to capitalize on Samsung's waning fortunes last year, the success of the G3 flagship was proof of that. The company has hinted at significant growth through last year before, with impressive quarterly results. The end of year results also reveal LG is positioning itself among the smartphone heavyweights, with a 24% increase in smartphone sales.LG announced that it sold 78.2 million mobile phones, of which 59.1 million were smartphones. That puts LG just behind Huawei (75 million), Xiaomi (61 million), and Lenovo in sixth place, with Apple and Samsung out in front. However, with a near quarter rise on sales from 2013, LG is moving in the right direction and close enough to rivals to be able to reach those in higher positions in the market. The North American market has been a particular highlight for the company recently, with a 78% increase in smartphone sales through the fourth quarter of 2014.
Luke Jones is the Managing Editor at MobileBurn.com and is the person you need to speak to about the content on the site. Luke studied creative writing at degree level before carving out a reputation as a freelance tech writer. He settled here at MobileBurn, where he reviews devices and contributes to the news, as well as overseeing the site's content and direction.