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Wireless

LG posts Q4 mobile handset sales down 5% to KRW 3.9 trln

Wednesday 27 January 2010 | 09:20 CET | News
LG Electronics reported fourth-quarter global sales up 6.8 percent year-on-year to KRW 14.3 trillion (USD 12.2 billion), led by demand for its LCD TVs. The parent company's operating loss narrowed to KRW 140 billion from KRW 310 billion, and the net result moved to a profit of KRW 297 billion versus a loss of KRW 671 billion thanks to strong results at affiliates such as its LCD display venture. The mobile communications division posted sales down 7.4 percent from a year earlier to KRW 4.16 trillion, and operating profit fell to KRW 56 billion from KRW 176 billion. Within the division,

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Categories: Mobile & Wireless
Companies: LG Electronics Benelux
Countries: World
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