LG Electronics has announced results for the three-month period ending 30th June 2010. It reported sales of KRW 14.4 trillion (around £7.8 billion) and operating profit of KRW 126 billion (around £68.1 million). Net profit was down 33% year-on-year.

LG Electronics, already associated with Formula 1 as a Global Partner and a Technology Partner, is now becoming a Team and Technology Partner to Red Bull Racing. The Red Bull Racing Team drivers, Sebastian Vettel and Mark Webber, have currently put the team in second place for the Constructors’ world championship 2010.

NTP Incorporated – co-founded by the late Thomas J Campana, who invented many of the technologies used in wireless email – has filed lawsuits against Apple, Google, HTC, LG Electronics, Microsoft and Motorola in the United States District Court for the Eastern District of Virginia. The company says eight of its patents, which relate to the wireless delivery of electronic mail, have been infringed.

NTP is probably best-known for a lengthy legal case with Research in Motion that's now been settled. The US government was forced to intervene after RIM was ordered to stop infringing the patents, which would have shut down BlackBerry email in the United States.

This year's Meffys Gala Awards saw the inventor of transparent capacitive touchscreens given an 'Outstanding Contribution' Award. Dr Andrew Hsu created the 'Transparent Projected Capacitive Touch Screen', which was patented in 1999 and first appeared on the LG Prada in 2006. Capacitive touchscreens are now used on most smartphones.

The Meffys are run by the Mobile Entertainment Forum (MEF), which is the global trade body of the mobile media industry.

Gartner's latest report into worldwide mobile phone sales says end-users bought 314.7 million devices in the first quarter of 2010, 17% up on the same period in 2009. Smartphone sales rose 48.7% to 54.3 million units.

Hong Kong-based manufacturer G-Five made its debut in the top 10, while an increase in OEM 'white box' manufacturing has seen the 'others' category increase.