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LG book out quarterly profit by selling good budget mart phones
LG has a total of 14.5 million smartphones shipped during the quarter and no sooner did the manufacturer put off. Much smartphones The number is 20 percent higher than a year ago. Mainly selling cheap L III models contributed to the increase.
LG Logo In addition to the good sales of the L III-budget series a good sales start of the G3 in their own country would be responsible for the increase in deliveries. Meanwhile make smartphones with support for LTE one-third of the total in the year sold some smartphones from LG. The good sales gave the mobile arm of the group for the first three quarters profits again: LG Mobile Communications Company wrote 72 million in profit. The turnover of the division increased by 16 percent.
The LG Home Entertainment Company, which includes televisions under, saw its profits 65 percent increase at almost the same revenue. The division writes the profit increase to a better mix of products and cost reductions. The branch expects sales of LCD TV sales continue to grow by continuing demand for UHDTV programs.
The good quarterly results of the mobile branch and TV division gave LG a profit increase of 26 percent to 437 million euros converted. The quarterly revenue rose 7.7 percent to the equivalent 11 billion.Viewing:-158
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