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Wednesday, January 26, 2011

LG results show drop in 2010 mobile phone sales

LGLG Electronics has announced quarterly and annual results, recording a KRW 256.4 billion (£1.45 million) net loss in the fourth quarter of 2010. Figures for the year showed a net profit of KRW 1.3 trillion (£736 million) and revenues of KRW 55.8 trillion. Operating profit for the year was KRW 176.4 billion.

Its mobile business – the LG Mobile Communications Company – saw quarterly revenue increase 10.9% from Q3 due to strong sales of the Optimus One smartphone, although the figure was down 14.7% from Q4 2009. Compared with 2009, annual revenue from LG Mobile was down 23.9% year-on-year.

30.6 million handsets were shipped in the quarter, an 8% increase over the previous quarter but 10% down on the same quarter in 2009.

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Opinion Articles

iPhone users are optimists while BlackBerry users are pessimists... apparently

Mark Bridge writes:

At the end of our weekly podcast covering the latest mobile industry news, we usually finish with an “And finally...” report. Something that’s lighter that the rest of the headlines. You know the kind of thing; kittens using mobile phones, puppy-powered mobile phone chargers...

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Indian mobile phone app aims to thwart sexual assaults

Kurt Achin of voanews.com writes:

In India's burgeoning economy, more and more women are going to work in offices - exposing them to what can sometimes be dangerous urban conditions. Now, a new technological initiative aims to protect women against sexual assault.

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Promote your business at Mobile World Congress with The Fonecast

Mark Bridge writes:

Another year, another Mobile World Congress!

It’s something of a cliché to talk about the months flying by, how it seems like yesterday when everyone in Barcelona had a Nokia handset and the dancers on the CBOSS stand were all wearing full-length evening dresses. Yet it’s also true. Except for that part about the dancers, anyway.

Here at TheFonecast.com we’ve had a busy 12 months that have seen us talking to more and more people, gaining a much larger audience and watching the mobile industry grow dramatically.

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Will the CES trend for larger screens lead to poorer mobile web sites?

James Rosewell writes:

This year’s CES event in Las Vegas promises to be the biggest yet. There’ll be mobile phones, there’ll be tablets, there’ll be gaming devices, there’ll be sat nav – and there’ll be many other products that now include their own mobile data connection.

When you’ve got mobile data, it’s usually an obvious step to add a browser... and before you know it, consumers are browsing the internet from a device that was never really intended to visit conventional web sites.

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Carnival of the Mobilists #256

Mark Bridge writes:

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