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LG sells 1.6 million G5 flagships in a month

LG G5 Android flagship, 1.6 million units shipped in the first month since launch
LG G5
While the LG conglomerate closed the first quarter with a small profit increase, the mobile division posted a loss of almost $170 million, although LG G5 sales were quite strong so far.

Although some consumers consider the LG G5 flagship to be ugly, nobody can deny its unique flexibility that is provided by the semi-modular design that nobody used in a top-of-the-line smartphone so far. Although it still has to beat the popular LG G3, the latest Android flagship by LG managed to close its first month on the market with excellent results.

According to LG, they shipped more than 1.6 million G5 smartphones in the first month since its launch. In addition to that, the South Korean company also expects to ship over 3 million LG G5 units in the second quarter. While the LG conglomerate closed the first quarter with a small profit, the mobile division reported an operating loss of almost $170 million, but this was "primarily due to increased marketing expenditures for the new LG G5 flagship smartphone."

LG expects to see a turnaround by the end of next quarter, as G5 shipments and those of the new K series begin to be reflected in sales figures. Now that HTC 10 is also out and many see it as a strong comeback of its maker and a powerful competitor for the LG G5 remains to see how things will evolve in the months to come.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2016 04 > LG sells 1.6 million G5 flagships in a month
Codrut Nistor, 2016-04-29 (Update: 2016-04-29)
Codrut Nistor
Codrut Nistor - News Editor
Although I have been writing about new software and hardware for almost a decade, I consider myself to be old school. I always enjoy listening to music on CD or tape instead of digital files and I will not even get into the touchscreen vs physical keys debate. However, I also enjoy new technology, as I now have the chance to take a look at the future every day. I joined the Notebookcheck crew back in 2013 and I have no plans to leave the ship anytime soon.