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Opinion The Fonecast -

It was 1996 when I started working at the Cricklewood head office of Peoples Phone [writes Mark Bridge], initially in a sales support role before becoming part of the Marketing team. The company was an independent mobile phone retailer with a growing network of high-street shops and connected customers. In November 1996 the company and its customer base were acquired by Vodafone, which had already taken over the Talkland retail business and was soon to add Astec to its portfolio.

 

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LG quarterly results reveal record Q3 smartphone sales

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Mark

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LG Electronics has published its unaudited figures for the third quarter of 2014, with revenue up 7.4% year-on-year to KRW 14.92 trillion (£8.83 billion) and operating profit more than doubling to KRW 461.3 billion (£273.04million).

It says this reflects strong performance from its mobile business. which hit a new record for smartphone sales in the third quarter.

The LG Mobile Communications Company shipped 16.8 million smartphones in the third quarter, up 39% year-on-year and up 16% from the previous quarter. This helped the business unit to achieve sales of KRW 4.25 trillion (£2.52 billion) and operating income of KRW 167.4 billion (£99.15 million), which are the highest since the third quarter of 2009.

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