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UPDATE LG Electronics Q2 Net Soars on Strong Handset Sales: related news

UPDATE: LG Electronics' Q2 Net Soars on Strong Handset Sales

LG Electronics reported Monday that its second-quarter earnings soared 83.8 percent from a year ago on increased sales of its mobile phones.

LG Electronics Q2 profits soar on strong handset, TV sales

South Korea's LG Electronics said on Monday its second-quarter net profit soared 84 percent year-on-year on strong sales of handsets and flat-screen TVs.

LG Electronics` q2 net profit soars on strong sales

Seoul (ANTARA News/Asia Pulse) - South Korea's LG Electronics Co. (KSE: 06657) reported today that its second-quarter earnings had soared 83.8 per cent from a year ago on increased sales.

LG Electronics expected to overtake Motorola in handset sales

SEOUL, Aug 4, 2008 (Asia In Focus via COMTEX) -- MOT | Quote | Chart | News | PowerRating -- LG ELECTRONICS INC. (KSE:066570) is expected to overtake MOTOROLA INC. as the world's No. 3 handset seller in the third quarter despite narrowly missing market expectations of achieving the feat in quarter two, as the South Korean electronics giant's models continue to gain popularity. LG Electronics reported Tuesday that it sold 27.7 million mobile phones at home and abroad in the second quarter, up 14 per cent from the previous three months, making the sales figure the world's fourth-largest.

LG Electronics Opens New U.S. Design Center

NEW YORK, July 31 /PRNewswire/ -- LG Electronics today announced the relocation of its U.S. Design Center from Englewood Cliffs, N.J. to the heart of New York City. The design center, located in Union Square, will be charged with developing stylish and innovative products that meet the needs of American consumers, while further supporting LG's premium brand positioning in consumer electronics, digital appliances and mobile communications. Focusing specifically on industrial design, the center will look to incorporate U.S. consumer preferences into LG products as well as augment product development and design capabilities. "LG is committed to delivering style with substance across our product categories, and to do that we must constantly push the boundaries of design," said Michael Ahn, CEO, LG Electronics North America.

LG Electronics Showcases smART Technology for Holiday Season

NEW YORK, July 31 /PRNewswire/ -- Led by the new BD300 Network Blu-ray Disc Player with internet streaming capability, LG Electronics highlighted its latest stylish consumer electronics, digital appliance and mobile phone products at the company's 2008 holiday preview. During its annual Summer Line Show -- at New York's Morgan Library & Museum, a location famous for housing one of the world's greatest collections of artistic works -- LG Electronics is showcasing its latest works in "An Exhibition of smART Technology." "LG seeks to enhance consumers' lifestyles with intelligent features, intuitive functionality, exceptional performance and stylish design," said Michael Ahn, president and CEO, LG Electronics North America. "The featured products, from our SteamWasher which reduces allergens, to our mobile phone with advanced photo editing t

LG Electronics' net profit surges 84% amid record mobile phone sales

SEOUL (AP) - LG Electronics said Monday that second-quarter net profit surged 84 percent from the same period last year amid record mobile phone sales.

LG Electronics' net profit surges 84 percent amid record mobile phone sales

SEOUL, South Korea-LG Electronics said Monday that second-quarter net profit surged 84 percent from the same period last year amid record mobile phone sales.

LG Electronics' net profit surges 84 percent amid record mobile phone sales

SEOUL, South Korea: LG Electronics said Monday that second-quarter net profit surged 84 percent from the same period last year amid record mobile phone sales.

LG Electronics Forecast to Outstrip Motorola in Q3 Handset Sales

Home arrow News arrow MobilePhone arrow LG Electronics Forecast to Outstrip Motorola in Q3 Handset Sales

LG Electronics introduce LG Scarlet LCD TV series

LG Electronics (LG), an innovator in flat panel display and audio visual consumer electronics, have introduced the LG Scarlet LCD TV series (LG60, LG65), which includes the 45mm ultra slim model (LG61).

LG Electronics handset sales boost earnings in second quarter

The LG Electronics Inc., a South Korean company producing diverse hi-tech products, said Monday that its earnings soared 83.8 percent year-on-year in the second quarter thanks to the increased sales of its mobile phones.

LG Electronics handset sales boost earnings in second quarter

The LG Electronics Inc., a South Korean company producing diverse hi-tech products, said Monday that its earnings soared 83.8 percent year-on-year in the second quarter thanks to the increased sales of its mobile phones.

LG Electronics handset sales boost earnings in second quarter

SEOUL, July 21 (Xinhua) -- The LG Electronics Inc., a South Korean company producing diverse hi-tech products, said Monday that its earnings soared 83.8 percent year-on-year in the second quarter thanks to the increased sales of its mobile phones.

LG Electronics handset sales boost earnings in second quarter

SEOUL, July 21 (Xinhua) -- The LG Electronics Inc., a South Korean company producing diverse hi-tech products, said Monday that its earnings soared 83.8 percent year-on-year in the second quarter thanks to the increased sales of its mobile phones.

Macrovision Continues Expansion of European Patent Licensing with LG Electronics

Macrovision Solutions Corporation (MVSN) announced today that it has entered into a patent license agreement with LG Electronics Inc. (LG) for the European market. The multi-year agreement includes a patent license allowing LG to incorporate interactive program guides (IPGs) in televisions and digital recorders distributed throughout Europe. LG is a global leader and technology innovator in consumer electronics.

Macrovision Continues Expansion of European Patent Licensing with LG Electronics

SANTA CLARA, Calif.--(BUSINESS WIRE)--Macrovision Solutions Corporation (NASDAQ:MVSN - News) announced today that it has entered into a patent license agreement with LG Electronics Inc. (LG) for the European market. The multi-year agreement includes a patent license allowing LG to incorporate interactive program guides (IPGs) in televisions and digital recorders distributed throughout Europe. LG is a global leader and technology innovator in consumer electronics.

Earnings roundup: LG Electronics profit leaps on mobile phone sales, IMS Health profit grows

SEOUL, South Korea (AP) — South Korea's LG Electronics said Monday that second-quarter net profit surged 84 percent from the same period last year amid record mobile phone sales.

LG Electronics Q2 profit up 84%

LG Electronics Inc reported on Monday an 84 per cent jump in quarterly earnings, helped by high margins on mobile phones, brisk TV sales and solid results at its LCD joint venture.

LG Electronics increases R&D, marketing

Local appliance maker LG Electronics Inc. said yesterday it aims to achieve a rise of 27 percent in display sales by 2010 with more investments in marketing and research and development. LG said in a statement that it aimed to post display sales of $17.5 billion in 2009 and $20 billion in 2010, compared with a target of $15.7 billion this year.

LG Electronics Dominates Global CDMA Handset Market ..

LG Electronics topped the global CDMA (Code Division Multiple Access) handset market for six consecutive quarters, attaining its own record-breaking market share in the second quarter of the year.

Earnings: Premium Handsets Boost LG Electronics Profits

Record high sales of mobile phones helped double profits at the LG Electronics (SEO: 066570) handset division, the Korean conglomerate reported today in its second quarter earnings. Mobile phone sales jumped to 3.754 trillion Korean won ($3.695 billion), up 38.6 percent from a year earlier.

Q2 net income drops as sales rise 2% for Blue Nile

Online jeweler Blue Nile Inc. reported net sales of $73.7 million for the quarter ended June 29, up 2% from $72.1 million in the year-ago second quarter. Net income for the quarter dropped to $3.2 million, compared with $3.8 million a year ago.

LG Electronics Australia to exhibit at 8th Annual LG Roadshow

Over the past four weeks, LG Electronics Australia has reinforced its position as an innovator in advanced design and smart technology among hundreds of valued retailers across the nation during the Tonight Live themed 8th Annual LG Roadshow.


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