LG ships record handset numbers


LG said its mobile division posted a record quarter, with sales up 34.3 per cent to KRW 3.849 trillion (USD 3.788 billion), compared with the same period last year.

The lion’s share comprised handset sales – KRW 3.754 trillion (USD 3.695 billion), up 38.6 per cent from a year earlier.

It shipped 27.7 million units in the quarter to June 30, with 33 per cent to the US, and said models such as the Shine and Secret performed well.

LG Electronics global sales across all its units jumped 22.1 per cent to KRW 12.735 trillion ($12.534 billion) in the quarter to June 30 thanks, in part, to robust mobile phone sales.

The consumer electronics manufacturer also cited strong a performance for flastscreen televisions.

Operating profits were KRW 856 billion (USD 843 million) for the quarter, up 6.7 per cent.