Although 4G LTE phones haven’t yet been given a UK launch, they’re selling well abroad.

LG Electronics has just passed global sales of five million LTE smartphones, having sold a million in July alone. The company’s first LTE smartphone - the Revolution - was released in the USA last May, with the worldwide range now having expanded into double figures.

There are plenty of quarterly results to report in this week's edition of The Fonecast, including Samsung, Apple, Telefonica and Facebook. In addition, we have new research that shows how smartphone sales are racing ahead as feature phone sales slow down.

There's also news about mobile coverage in the Channel Tunnel, mobile application downloads and m-commerce.

LG Electronics has reported a 46% year-on-year increase in net profit to KRW 159 billion, attributing the rise to a combination of more premium products, a strategic focus on developing markets and aggressive cost reductions.

Revenue was up from the previous quarter but down 10.6% year-on-year to KRW 12.86 trillion.

Mark Bridge writes:

Microsoft started last week with news of an own-brand rival to the Apple iPad. The new Windows-based Microsoft Surface tablets will start to appear later this year, although full details of the specifications – including whether or not there’ll be cellular connectivity – remain unconfirmed.

LG Electronics is slowing down its tablet development in favour of its mobile devices, according to a report by Bloomberg.com.

It quotes Ken Hong from LG as saying “we’ve decided to put all new tablet development on the back burner for the time being in order to focus on smartphones”.