LG has announced its latest earnings figures, with the manufacturer posting a revenue of $3.3 billion from the mobile division, an increase of 1 percent from the same period last year. Operating profit was a meager $172,000. Shipments declined by 3 percent to 14.1 million units, although LG has mentioned that it saw a 36 percent year-on-year increase in North American shipments.
The vendor attributed the uptick in sales to better performance in the mid-range smartphone and tablet segments. Increased sales in North America was offset by a decline in growth in its home market, which is usually a major contributor to LG's coffers in the mobile segment.
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