Post Thumbnail

LG has just reported a record quarter for mobile phone sales, showing that it's taking advantage of a slump from arch-rival Samsung. LG sold 14.5 million handsets over the last quarter, its highest total ever and 20 percent more than last year -- with more than a third of those LTE models. It chal

4 months ago 0 Comments
July 24, 2014 at 1:50AM
Post Thumbnail

While LG's earnings and profits are dwarfed by Samsung, at least it has some bragging rights this quarter. Unlike its Korean arch-enemy, LG actually made money with its home entertainment and display division, which it chalked up to better sales in large TVs. In fact, the company claims it now sel

7 months ago 0 Comments
Post Thumbnail

If you didn't get enough mobile news during the week, not to worry, because we've opened the firehose for the truly hardcore. This week, a familiar smartphone leaked that's said to join the prepaid ranks at Verizon Wireless, AT&T swung back against the DOJ, and Rogers issued its quarterly earn

1 year ago 0 Comments
Post Thumbnail

The Q3 numbers for LG are in, showing its cellphone unit lost money for the sixth straight quarter, with profits coming from the home appliance and air conditioning units. On the home entertainment side, it shipped more flat panel TVs than ever before (6.8 million) and despite lower revenues mana

3 years ago 0 Comments
Post Thumbnail

After six months of knuckle-crunching losses, LG can finally wind the window down and turn the radio on to Seoul FM. The electronics giant just reported a net profit of ₩108 billion ($100 million) in the last quarter, primarily thanks to sales of LED and Cinema 3D TVs. Its handset subsidiary, w

3 years ago 0 Comments
Post Thumbnail

It's a tough operating environment for even the healthiest manufacturers right now, and LG's no more immune than anyone else -- or is it? Despite a dismal global economy, the Korean electronics giant and world's number three phone maker reported that it actually took in some 23 percent more revenue

5 years ago 0 Comments
Post Thumbnail

Nokia isn't the only manufacturer going the opposite direction of Motorola at the moment. LG managed to ship 23.7 million phones in the fourth quarter of 2007, a 40 percent improvement over the same period in 2006; following a trends across the industry, though, its revenue was up considerably less

6 years ago 0 Comments