LG has announced its financial results for both the fourth quarter of 2015 and the full year. In it, the company discusses all the expected stuff for each division, including the divisions for TVs and appliances. But of course, our focus is on the mobile communications division.
It looks like sales in Q4 2015 are unchanged from Q4 2014, but they’re an improvement over Q3 2015. North American sales are improved as well, which aided in the improved quarter sales. LG shipped 59.7 million handsets last year.
In an effort to boost sales, LG revealed its mobile plans for 2016. They includes two flagships along with a value chain of devices. The budget devices are expected, but the second flagship (other than the LG G5) is a mystery. A successor to the LG V10 could be in the works.
It’s good to see LG sales going up, we don’t want to see more Android competitors drop out of the game.