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LG saw its profit fall apart today as its summer results were hurt by its weakness in phones. Its profit plunged 99 percent, down from $805.6 million a year ago to $6.7 million. The Korean company was dragged down by its…
LG has decided to reduce its bloated mobile phone lineup by half to around 70 from last year’s 145. It plans to release 20 sets of smartphones this year with 15 models being Android phones. He said that 4.2 million…
Losses from mobile phones totaled 120 billion won ($101 million) in the second quarter, compared with profit of 620 billion won a year earlier, Seoul-based LG said in a statement today. The loss, the division’s first in…
First quarter market share ranking of top mobile phone vendors according to Strategy Analytics: These numbers are shipments or sell-in, which may differ from sell-through or end-user purchases. RIM breaks into top 5 in…