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LG's latest earnings report shows just how tough the smartphone market is getting. On the one hand, LG Mobile shipped 8.1 million LTE smartphones, its best result ever. On the other hand, it sold fewer premium models in Korea and spent a lot of money marketing its flagship G4 in the US against mod...

July 29th 2015 at 4:10am 0 Comments
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LG is still trailing Samsung and Apple in total smartphone sales (and profits from them), but the company just revealed its financial data for the last year and has plenty to be happy about. It sold 59.1 million smartphones last year, up nearly a quarter from what it moved in 2013. The report didn...

January 29th 2015 at 1:22am 0 Comments
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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...

July 24th 2014 at 1:50am 0 Comments
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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...

April 29th 2014 at 2:03am 0 Comments
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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...

April 27th 2013 at 9:45pm 0 Comments
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LG has released its earnings report for the first quarter of 2013, and while they were down overall from last year, there is good news to report for its phones. A net profit of $20.3 million is lower than Q1 2012's $214 million -- but better than Q4's lawsuit-related $428 million loss -- blamed on...

April 24th 2013 at 1:26am 0 Comments