As manufacturers release their quarterly results, so analysts calculate what the figures mean. The latest of those reports comes from the International Data Corporation, which says the worldwide mobile phone market grew 17.9% in the fourth quarter of 2010.
Its Worldwide Mobile Phone Tracker report says 401.4 million mobile devices were shipped in Q4, bringing 2010’s total to 1.39 billion units. That’s up 18.5% from the 1.17 billion units shipped in 2009.
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LG 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.
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The GSMA has announced the nominees for the 16th Annual Global Mobile Awards. The winners will be announced at the GSMA Mobile World Congress in Barcelona on 15th February 2011.
In total, 115 companies have been nominated in ten categories.
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LG Electronics is showcasing a 4.3-inch ‘glasses-free’ 3D display for mobile devices at the 2011 Consumer Electronics Show in Las Vegas. It offers touch control and 480x800 WVGA resolution.
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Sony Corporation has filed legal complaints with the US International Trade Commission in Washington and a court in Los Angeles, complaining that a number of LG phones use Sony technology without its permission.
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