LG Q2 Results: Smartphone sales 5.4M edges past SonyEricsson for 6th biggest

Quick note on other big names in the Bloodbath Year 2. We have LG results for Q2. South Korea's LG, the world's third largest mobile phone manufacturer is still reporting a loss in its handset unit as it is completing its costly return from its Microsoft-powered misadventure and going now full speed to Android.

And LG is showing its muscle, using its global dumbphone reach and brand (USA's second-bestselling cellphone brand for example) to elbow itself up the charts both in overall smartphone sales and within the Android family. LG Q2 results? Smartphone sales up 15% to 5.4 Million units (from 4.7 Million) and just passing SonyEricsson now for 6th place ranking among biggest smartphone makers. LG preliminary market share is about 5%. LG did the same job passing Motorola last quarter. With Samsung and HTC the big Android makers, LG is now the third biggest manufacturer of Android smartphones already. Not bad when a year ago LG was firmly promising a strategy of Microsoft Windows-powered smartphones.

We now await Motorola Mobility results Thursday and the big number, Samsung results on Friday. Stay tuned...

Comments

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Timo ... WAKE UP !

Do you really have Nokia on your bones ?

Don't you see American funds do what they want with Nokia !

After Dodge & Cox hold over 5% of Nokia (few weeks ago)
Now also Capital Research and Management hold over 5% of Nokia. (few days ago)

Elop has been placed by American Funds ... and they want to be sure nobody touch Elop ... that's way they increase/strength their position ... nobody should reverse the Elop destruction plan for Nokia.

American funds want Nokia to die ... or better they want the Smart-Phone business (the huge profit of it) in the hands of their big cap American companies.

WAKE UP !

Tchuss

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