News Articles

Wednesday, April 24, 2013

LG reveals smartphone sales of over 10 million during the last quarter

LG Electronics has published results for the first quarter of 2013, revealing that it shipped a new record of 10.3 million smartphones during the three-month period. Overall handset shipment figures weren’t released.

Revenue was up 6.8% year-on-year to KRW 14.1 trillion (£8.3 billion), largely due to the performance of the mobile business. Net profit was down around 90% year-on-year to KRW 22 billion (£12.9 million), although the Q1 2013 figure was an improvement on the loss recorded in Q4 2012.

The mobile part of the business - LG Mobile Communications Company - saw revenue up 28.5% year-on-year to KRW 3.21 trillion (£1.9 billion). Its operating profit increased to KRW 133 billion (£78.0 million).

[Presentation (pdf)]

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Handsets and manufacturers, NewsNumber of views: 1368

Tags: smartphonelg

Leave a comment

Name:
Email:
Comment:
CAPTCHA image
Enter the code shown above in the box below.
Add comment

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«September 2016»
MonTueWedThuFriSatSun
2930311234
567891011
12131415161718
19202122232425
262728293012
3456789

Archive

Terms Of Use | Privacy Statement