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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.
Codrut Nistor,
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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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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5428 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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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)